Community Improvement Districts (CIDs)

Community Improvement Districts (CIDs) 2019-03-22T23:15:13-04:00
  • CIP Project Prioritization & Funding Strategy
  • GTIB Loan Implications Analysis
  • Virginia Avenue Smart Corridor Study
  • Aerotropolis Freight Cluster Plan

Capital Improvements Program (CIP) Project Prioritization and Funding Strategy

As part of the prioritization of projects, Modern Mobility Partners calculated the ROI for individual corridor enhancement, beautification, and intersection projects, focusing on jobs created.

As the prime consultant, MMP developed a project prioritization framework and funding strategy for the CIP.  The project prioritization framework included six evaluation criteria categories, of which each included several measures that were then populated to rank projects based on the established weighting scenario.  One of the measures was related to return on investment (ROI).  MMP calculated the ROI for different types of projects, including beautification, bicycle and pedestrian improvements, widenings, etc.  The projects were then fiscally constrained into three 10-year tiers and a high-level project and funding schedule was developed.  As part of the funding strategy, a matrix was developed of federal, state, and local funding sources, including grants, that each of the different projects may be eligible for.  For Tier 1 projects, project scopes were reviewed to see if opportunities exist to add components to the project that would then make it eligible for additional funding sources (for ex. additional funding opportunities for emerging technologies and innovative concepts). Projects were also identified that would be competitive for grants, along with an outline of additional analyses necessary to complete a successful grant application.

Client: Aerotropolis Atlanta CIDs
MMP Role: Prime
Period of Performance: February 2018 – July 2018

Georgia Transportation Infrastructure Bank (GTIB) Loan Implications Analysis

Modern Mobility Partners developed this graphic to illustrate the process used to evaluate potential GTIB loan scenarios.

As the prime consultant, MMP conducted an analysis to determine if it would be cost-effective to get a GTIB loan to fund all or a portion of the Camp Creek Parkway and/or Virginia Avenue corridor enhancements.  Specifically, Modern Mobility Partners reviewed the Georgia State Road and Tollway Authority’s (SRTA) updated GTIB loan terms, calculated project cost savings due to advancing construction and economies of scale when constructing adjacent segments at one time, calculated loan costs (interest) based on 5- and 10-year loan terms and determined if there were any cash flow implications.  The final recommendations were to proceed with a 5-year GTIB loan for all three segments of Camp Creek Parkway, which will allow the AACIDs to complete construction of all three segments by the end of 2026, approximately 6 years ahead of the CIP schedule.

Client: Aerotropolis Atlanta CIDs
MMP Role: Prime
Period of Performance: July 2018 – September 2018

Virginia Avenue Smart Corridor Study

Modern Mobility Partners developed this rendering to illustrate potential emerging technologies for evaluation during the study.

As the prime consultant, MMP is examining options for technology elements to improve safety, walkability and mobility along the Virginia Avenue corridor from US 29/Main Street on the west end to South Central Avenue on the east end. The Atlanta Regional Commission (ARC) has awarded a Livable Centers Initiative (LCI) grant to the Airport West Community Improvement District (a.k.a. Aerotropolis Atlanta CIDs) to undertake this innovative effort.  The Virginia Avenue 2-mile corridor traverses three municipalities, including the Cities of College Park, East Point, and Hapeville in southern Fulton County.  In addition to stakeholder engagement that includes the municipalities, MARTA, and GDOT, both a digital and in-person public involvement effort will be tailored around ESRI Tapestry data.  MMP will lead the needs analysis, development of a vision for technology along the corridor, as well as a phasing and implementation plan.  A review of the current technology primarily associated with traffic control and telecommunication infrastructure will be conducted, including a determination if any dark fiber could be utilized for smart corridor infrastructure.  Signal timing along the corridor will also be reviewed for improvements.  To allow for an accurate needs assessment and develop a set of sound infrastructure, operational and policy-related recommendations, MMP will collect and analyze existing conditions along the corridor that pertain to facilitating smart transportation systems, including, but not limited to traffic counts; safety (crash and crime data); traffic and pedestrian signals; transit services, facilities and bus stops; freight delivery needs; street lighting and amenities; parking zones and facilities; wayfinding; fiber and wireless network connectivity; condition and capacity of electric grid and other relevant utilities; existing and planned transportation services offered along the corridor; and public Wi-Fi service.  MMP will complete a literature of emerging technologies and examples of where they’ve been implemented to refine a menu of strategies for consideration.  Building on the needs assessment and the menu of strategies, MMP will develop a set of site-specific and corridor-wide technology recommendations that will facilitate the current and future development of a smart and highly integrated, multi-modal urban transportation corridor.  MMP will conduct a high-level benefit-cost analysis for each of the projects, including estimated costs of implementation, effectiveness towards achieving project goals, and potential returns on investment.  MMP will also refine the AWCID’s project prioritization framework to reflect project feedback and the types of projects being evaluated.  The final report will include a 100-day action plan, as well as potential funding sources for project recommendations.

Client: Aerotropolis Atlanta CIDs
MMP Role: Prime
Period of Performance: January 2019 – September 2019

Aerotropolis Freight Cluster Plan

Modern Mobility Partners is leading travel demand modeling, project prioritization, funding strategy, as well as supporting the identification and evaluation of emerging technology solutions.

As a subconsultant, MMP is assisting with identifying and evaluating freight challenges, needs, and opportunities within the AACIDs area, along with developing a fiscally constrained freight project list.  As part of a team, MMP will be leading the identification of emerging technologies in freight and potential strategies/projects; updating the current AACIDs Capital Improvement Program (CIP) project prioritization framework to reflect freight criteria and metrics; calculating return on investment (ROI); scoring, ranking, and prioritizing projects; identifying potential funding sources and fiscally constraining the project list; developing a grant strategy; and conducting a robust benefit-cost analysis for the most competitive grant project. 

Client: Aerotropolis Atlanta CIDs
MMP Role: Subconsultant
Period of Performance: January 2019 – February 2020