Thursday, February 28, 2019

Five key takeaways from Charlotte’s newest transit plan

The chosen Silver Line route is shown in green, at right, along 11th Street. The blue line shows where the Trade Street tunnel would have run. Other options not chosen are a surface route along Trade Street (purple) and a route along the existing Blue Line.
No tunnel uptown. A light rail line crossing the Catawba River into Belmont. Finally light rail to Pineville?

When the Charlotte Area Transit System’s policy body on Wednesday unanimously adopted an update to its 2030 Transit System Plan, those optimistic visions became part of the official CATS planning process.

Note to readers: CATS doesn’t currently have money to build any of those things, estimated to cost $6 billion or more. Just so you know.

But here are some key takeaways from what the Metropolitan Transit Commission adopted.

1. No tunnel uptown. CATS hired consultants WSP (the former Parsons Brinckerhoff) to study a tricky issue – how would the proposed Silver Line (formerly known as the Southeast Corridor), get across all the freeways encircling uptown, then through uptown and head west on its route to Charlotte Douglas International Airport and over the Catawba River?

CATS’ existing light rail line, the Blue Line and Blue Line Extension, travel through uptown on a pre-existing rail corridor. The proposed Silver Line would not. It’s planned to run alongside Independence Boulevard and then head west, thereby adding the former West Corridor to the Silver Line. Any way you look at it, getting that sucker through uptown will mean complicated engineering and high costs.

One option WSP proposed was to tunnel under Trade Street to the existing Charlotte Transportation Center, a hub for most bus routes as well as a Blue Line light rail stop, and up West Trade Street to the not-yet-built Gateway Station, which would also hold a new Amtrak station. Gateway Station is also envisioned as the terminus for the long-proposed-but-still-distant Red Line commuter rail to north Mecklenburg. More about that later.

The MTC opted not for the tunnel but for a route running the Silver Line above ground, beside 11th Street, then alongside the existing Amtrak route beside Elmwood Cemetery, over to Gateway Station and then heading west to the airport. It’s less expensive to build, although the tunnel route would have cost less to operate, over time, the consultants said, and would have shortened Silver Line travel time considerably. (Update as of March 8: Brock LaForty, the Carolinas area manager for WSP, says the consultants’ analysis found the tunnel route would save two minutes per trip, a difference

Wednesday, February 6, 2019

Hate tax revaluation time? Then let’s do it more often. Seriously.

Tear-downs that make way for large new houses, like these in the Cherry neighborhood, drive up property values of smaller, older houses nearby. Photo: Mary Newsom
It’s tax revaluation time! Are you excited? We aren’t either. Seeing your property value skyrocket is only fun if you are planning to sell it ASAP.  For most of us who aren’t real estate speculators, higher values don’t mean more money shoots into our bank accounts, because we can’t easily convert property into extra income unless we decide to raise goats, chickens or marijuana in the back yard.

Nevertheless, revaluations are an important equity tool. If you wait years to do them, you’re giving a tax benefit to wealthier property owners with rising values and giving a comparative tax penalty to properties whose values did not go up as much, or not at all.

If that sounds confusing, read on.

Mecklenburg County has been revaluing its property every seven or eight years. That means someone whose mansion was valued at (we’ll keep to round numbers here) $1 million at the last valuation has been paying taxes on that figure,