Bob Ortblad says it is doubtful the Federal Transit Administration will fund IBR’s $1 billion grant application for this insanity
Editor’s note: Opinions expressed in this letter to the editor are those of the author alone and may not reflect the editorial position of ClarkCountyToday.com
Economist Joe Cartwright and Willamette Week have exposed the $13.6 billion costs that the Interstate Bridge Replacement Program (IBR) has been hiding. One of the most insane costs is $177 million for a Waterfront Park & Ride Station. Consultants plan to cut a fat hog, with design and project management estimated at 44% of $177 million, $78 million.
In 2024 Gramor Development opened an 829-space garage on Vancouver’s waterfront. The 2026 assessed valuation of this garage (less retail space) is $27 million, about $33,000 per parking space. The IBR is planning a 570-space Waterfront Park & Ride Stations at an estimated cost of $177 million, about $310,000 per parking space. This is over nine times the cost of Gramor Development spaces.
A private company like Gramor Development would never make this investment; a daily parking rate of $250 would be needed to cover capital and operating costs. However, the IBR wants a Waterfront Park & Ride to be free or cost much less than the market rate of $25/day, only a block away.
The IBR is also planning a $150 million, 770-space Evergreen Station. The IBR is planning these Park & Ride garages in a desperate effort to create ridership to justify $2 billion for light rail at Waterfront and Evergreen stations. It is doubtful the Federal Transit Administration (FTA) will fund IBR’s $1 billion grant application for this insanity.
Park & Ride garages would also be a visual blight on downtown Vancouver, increase I-5 traffic, downtown congestion, urban sprawl, and Vehicle Miles Traveled (VMT).
Bob Ortblad MSCE, MBA
Seattle
Also read:
- Opinion: ‘If they want light rail, they should be the ones who pay for it’
Clark County Today Editor Ken Vance argues that supporters of light rail tied to the I-5 Bridge replacement should bear the local cost of operating and maintaining the system through a narrowly drawn sub-district. - Opinion: IBR falsely blaming inflation
Joe Cortright argues that inflation explains only a small portion of the IBR project’s cost increases and that rising consultant and staff expenses are the primary drivers. - Letter: The Interstate Bridge Replacement Program’s $141 million bribe can be better spent on sandwich steel-concrete tubes
Bob Ortblad argues that an immersed tunnel using sandwich steel-concrete tubes would be a more cost-effective alternative to the current Interstate Bridge Replacement Program design. - A sub-district vote could be a way to go to pay O&M costs associated with light rail
Clark County Council members heard details on how a voter-approved C-TRAN sub-district could be created to fund long-term operations and maintenance costs for light rail tied to a new Interstate Bridge. - Letter: British Columbia’s new immersed tunnel can solve Interstate Bridge Replacement Program’s $17.7 billion problem
Bob Ortblad argues that an immersed tunnel similar to a project underway in British Columbia could significantly reduce costs and impacts associated with the Interstate Bridge Replacement Program.
