As investment soars, Metro’s ridership continues to dip

In 2018, bus ridership fell 3.1%; train ridership dropped 4.3%

Los Angeles /
Feb.February 03, 2019 02:00 PM
A Metro Rail train at Los Angeles Union Station in July 2007 (Credit: Wikimedia Commons)

As crews dug further under the city to expand the rail system, Los Angeles’ public transportation service lost passengers for the fifth straight year in 2018.

Metro has been losing customers since 2014, CurbedLA reported. There were fewer passengers riding trains last year for the first time since 2015, and over the last decade, L.A. lost a larger share of overall riders than most big-city counterparts.

Meanwhile, taxpayers and investors are pouring billions of dollars into its expansion. Metro plans to address ridership issues by improving stations and making rides smoother. The agency is also exploring systematic changes to make it easier to understand.

Meanwhile, Metro’s future stations continue to guide major real estate projects, and attract development.

State, county and city officials have implemented ways to spur development near transit stations to help ease the housing crisis.

This year, state lawmakers will consider a new version of a bill to allow more development near transit statewide. At the county level, the Board of Supervisors hope to accelerate the approval of projects near future rail stations. And last year, the City of Los Angeles established the Transit Oriented Communities program to incentivize development near future transit stops if they include affordable units.

The program helped spark development in places like Inglewood, Koreatown, and in the San Fernando Valley. And one week in January, all proposed residential developments with less than 50 units were filed under the TOC program. [Curbed] – Gregory Cornfield


Related Articles

arrow_forward_ios
Slauson Connect Recreation Center (Paul Murdoch Architects)
Linear park planned for Slauson Corridor of South L.A.
Linear park planned for Slauson Corridor of South L.A.
LA Metro CEO Stephanie Wiggins and a rendering of the East San Fernando Valley Light Rail Line (LinkedIn/Stephanie Wiggins, Metro)
Feds pledge $900M for San Fernando Valley light-rail line
Feds pledge $900M for San Fernando Valley light-rail line
Metro CEO Stephanie Wiggins and a rendering of the Union Station (Getty, Metro)
Metro gives double toot for $2.3B Union Station makeover
Metro gives double toot for $2.3B Union Station makeover
(METRO96, CC BY-SA 3.0 - via Wikimedia Commons, iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Metro looks at building Eastside extension to Whittier in two phases
Metro looks at building Eastside extension to Whittier in two phases
Metro CEO Phillip A. Washington and a rendering of a monorail concept along Sepulveda Boulevard in the San Fernando Valley (credit: Metro)
Metro raised Sepulveda Transit Corridor project’s estimated cost by billions
Metro raised Sepulveda Transit Corridor project’s estimated cost by billions
Malibu Real Estate Investments principals Bedros Oruncakiel and Kirkor Suri
Malibu spec mansion lists amid softening luxury market
Malibu spec mansion lists amid softening luxury market
Chandler Parsons and his property on Stone Canyon Road (Credit: Getty Images)
Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion
Durant wants out of Malibu, and now Chandler Parsons is listing his Bel Air mansion
CoreLogic's Andrew LePage and Orange County (Credit: Wikipedia)
SoCal housing market shows signs of life, with a caveat: report
SoCal housing market shows signs of life, with a caveat: report
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...