Portland’s streetcar is slow and expensive, ridership is stagnant, and fare recovery is negligible. So obviously the solution is to extend the streetcar line. At least, that’s what Portland’s Bureau of Transportation proposes.
Streetcar ridership peaked in 2016 at 4.86 million trips per year. In 2018 they had fallen slightly to 4.79 million. Although the fare is nominally $2, actual revenues amount to just 17 cents per trip. Of course, those revenues don’t come close to covering costs, which average $3.50 per rider. The city spends $39 per streetcar revenue mile running it, where TriMet buses cost only $12.50 per mile.
Despite these flaws, the report proudly announces that the city has received a $1 million grant from the Federal Transit Administration to study the possibility of extending the streetcar a little over a mile to Montgomery Park, which is not a park but a former Montgomery Wards warehouse. The terminus would be near Forest Park, which is a 5,100-acre park with hiking trails in Portland’s West Hills. Continue reading
