Port of Long Beach, CA Proposed Bike and Recreation Path Economic Analysis

Port of Long Beach - Economic Analysis

LWC was retained by the Port of Long Beach to provide analysis and appraisal on Economic Benefits/Dis-benefits of a proposed $4 million Multi-Purpose Pathway redesign and facility upgrade at Pier J (Harbor Trail). The aim of this project was to provide decision makers with quantitative and qualitative measures via field observations, scaling, web-based surveys, and field surveys to determine user groups monetized factors. Results of data collection and analysis were used to determine the ratio of benefits-to-costs and the project’s net present value. Several breakeven scenarios based on analysis of financial and usage projections were showcased in the report. Air quality benefits were also analyzed. It was estimated that the removal of CO2 and NOx through increased non-motorized travel opportunities would roughly be the equivalent of removing 20 SUVs from the road every year. LWC worked closely with the Port to provide a timely report, within budget, and in the format favored by Port decision makers.