Metro is also evaluating the potential to deliver desperately-needed capacity improvements through the Sepulveda Pass. The Long Range Transportation Plan (LRTP) currently identifies $1 billion in Measure R funding for transit improvements in this area in 2030. Fearing this will be too little too late, a PPP approach is being considered.
The potential components include a high-capacity rail system and a tolled highway within the Sepulveda Transit Corridor in the vicinity of the I-405 Freeway, a transit connection to the Los Angeles International Airport, and a north-south transit opportunity in the east San Fernando Valley that would provide connections to Metro’s County-wide transportation network.
It is likely these facilities would be constructed in one or two large bore tunnels with a minimum length of 10 miles. Analyses of this proposal will be undertaken soon by Metro and its consultants, considering the feasibility of linking northern San Fernando Valley and Los Angeles International Airport, a distance of approximately 30 miles.
This delivery method could include design, construction, financing, operations, and maintenance of the improvements on a long term concession basis. The estimated cost of delivering these improvements is in the multiple billions of dollars.
Analysis & Next Steps
Initial analyses will look at potential cost and revenues to develop a feasibility assessment of the potential viability of a project, as well as an assessment of constructability and financeability. Provided staff is in a position to recommend a PPP concession be pursued, the next steps will be to further develop concept of the project and solicit for a developer partner. Because no environmental analysis of this proposal has been undertaken, consideration is being given to a pre-development agreement approach, allowing a developer to assist in project scope definition, reduce the overall schedule and streamline environmental clearance.
A forum was held on May 1, 2013. A Request for Information accompanied the forum and the input anticipated by infrastructure industry representatives will serve to inform the approach to be considered as we work to define a project.