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These Streets Are Made for Walking...

Re-0pening Portage & Main to Pedestrians An Easy Must-Win for Winnipeg…with Potential for an $18+ ROI

Hello IDAers, Winnipeggers, place lovers! I am SOOO bummed not to be joining you in person this year - especially after actually winning the IDA raffle for a free conference ticket! But not to worry as - one, our CTO Andy Likuski will be your resident place-loving data-geek and two, we are reprising last year's better-know-your-IDA-conference-host-city blog series, where we use State of Place to do a deep-dive on the lucky city's urban design assets and needs (based on over 290 built environment features - think "Walk Score on steroids"). IDA 2016 brought you a piece on Atlanta Beltline's walkability. This year, we stepped it up a bit and played a little game of SimCity to assess just what would be the impact - place-wise and money-wise - if the (infamous) intersection of Portage and Main in Downtown Winnipeg were to indeed be reopened to pedestrians. Check out our analysis below! 

 

High Drama in Canada? Thought that Was Only a U.S. Thing... 

Portage & Main, from Winnipeg Free Press

Portage & Main, from Winnipeg Free Press

When we heard about the one-year plus controversy around the idea of once again allowing pedestrians to cross at Portage and Main (Canada's most famous intersection, it seems!), it was a no-brainer that State of Place was just what proponents of elevating Downtown's walkability needed to turn Nays into Yays and win support for this important project. In case you haven't heard about the "brawl" that's been brewing between Mayor Brian Bowman & Councilman Jeff Brotway, here's what you need to know:

There's Gotta Be a Better Way!

Are you keeping track? So that's four years, at least $116K and counting (more if you count lost time) with no end in sight... all to decide whether or not to take down some pedestrian barriers? Really? Seriously? It's 2017. This. Shouldn't. Take. This. Long. To be fair, this Winnipeg War is all too common. There are countless plans for making places better that should just be no brainers. We all know what inherently good design is. We all know what is good for pedestrians. We all know what more and more people are looking for - walkable, livable places. And there are many amazing designers and planners (who I have affectionately referred to as "the Usual Suspects") equipped to create awesome schemes to make these kinds of places come to life. And yet...four years and counting and nothing. And that's not even the worst case scenario. Some plans don't see the light of day for over a decade...hence all that "notorious" dust being collected. Why?

NAYSAYERS gonna Nay! 

The truth of the matter is, there are still stakeholders that don't buy your vision. And they're often equipped with "data" that proves their point. And you're bringing (beautiful) pictures to fight your battle. It's time to fight fire with fire. It's time to bring your own gun to the gunfight, as one of our favorite customers, and big-time IDAer, Raphael Clemente of West Palm Beach Downtown Development Authority loves to say. It's time to create your own "data-driven" story about the power of place. So without further ado, we've taken the liberty of doing just that. We analyzed the existing conditions of Portage and Main and the five blocks that intersect it and ran a scenario analysis to see what the impact would be of transforming this uber car-oriented street into a pedestrian wonderland - both in terms of quality of place and the economic bottom line. TLDR - the results are AMAZING!!

Build it so they can walk - and make $$$ while at it! 

We're not trying to toot our own horn (too much!), but the analysis below took a matter of hours to put together, and most of that was spent collecting data for the six blocks included in our report (and soon, we'll automate that so it'll be done in seconds). Compare that to four years and potentially two more years to go...Save time and money and maximize the bang for your buck (ahem, estimated at $18+ ROI) - who doesn't want to do that?

Here's what we did:

  • Collected data (via Google Street View) on 290+ built environment features (e.g., crosswalks, curbcuts, vehicle lanes, sidewalks, etc.) on six blocks. (see map below)
  • Using our algorithm, calculated the State of Place Index (score from 0-100) that indicates each block's quality of place and walkability
  • Created the State of Place Profile that breaks down the Index into ten sub-scores that provide a snapshot of an area's built environments assets and needs (what's working - what's not)
  • Ran a Sim-City style analysis that projects the new State of Place Index if the City were to open up the intersection to pedestrians (which would impact the score for four blocks!) and make a few other changes (contact us to find out what other goodies we added to increase the score!). Here's a peek at all the potential changes you could make
  • Used our predictive analytics to estimate an ROI calculation that shows the economic upside of investing in making Downtown Winnipeg more awesome (aka pedestrian friendly) that includes just one of the four affected blocks, with some assumptions about market rents, land use square footage, and project costs. We're happy to expand to include all affected blocks and your actual data...call us! :) Bottom line, even if the project did cost $7M...it would:
ROI Analysis

ROI Analysis

  • Increase the State of Place Index for Portage & Main (to Mc Dermot Ave) from 43.4 to 63.6
  • Generate office premiums of $5.52/sq.ft. (assuming $20 avg. office rents)
  • Lead to retail premiums of $6.73/sq.f.t (assuming $32 avg. retail rents)
  • Facilitate an increase of $50.22/sq.f.t in additional retail revenues (assuming $113 avg. retail revenues)
  • Capture value of $126M across 10 years (based on increases in rents and revenues)
  • Create a Return on Investment of $18.07 for every dollar spent

  • Created a (free, downloadable) report (with all this info) for you to bring to the "fight." You're welcome Mayor Bowman and Downtown Winnipeg CEO (who also happens to be IDA's Secretary), Stefano Grande. Call us and see this thing in action

What's Next?

We know you all have your own Portage and Main story. So here's what you're going to do.

1) Download this report below. 2) Find Andy (Likuski) at the IDA conference! 3) Call us!

 

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