PDF-p. 10 of a report about Grand Paris Express gives three examples, all from the Metro rather than GPX or the RER, and says that costs range from €80 million to €120 million per station. Among the top priorities for New York, only a crosstown subway under 125th Street, crossing under the north-south line, would need the more expensive station construction technique; for this line, a large-diameter TBM would be ideal, since there would be plenty of space for vertical circulation away from the crossing subway lines. 2021 Color Trends. Change ). The white Upper East Side got bored stations, whereas black and brown neighborhoods further uptown would have to deal with the far more disruptive method. If you closed 1-2 blocks, you’d have to reroute buses and trucks. The single track segments at the termini have very high occupancy (board/alight dwell times + travel time). The average cost per finished square foot of … The cost of a new location under the remodel is similar to what it has been, $200,000 to $300,000. The fact that you own a convenience store or any non-traditional site gives you a higher edge in buying a Subway franchise for that location. The first segment would introduce a new signal system on five lines, add 650 new subway cars and 2,800 buses, bring elevators to over 50 stations, and create a new fare payment system. It is also one of the cheapest major fast-food restaurants to franchise. From a political perspective, I think it would be extremely difficult to close 1-2 complete blocks of Second Avenue, even if it’s just 6-12 months (lol six months). The Fresh Start remodels, which cost about $40,000, are a less expensive version of the tech-heavy Fresh Forward redesigns and include new lighting, upgraded sandwich assembly bins, new flooring as well as a new logo and wall artwork. Two or three blocks at a time, again IIRC. pipe. Subway recently launches a new multi dollar program to recover one fourth of the cost for remodeling … The remaining three phases with 9 stations and 12.5 miles of construction were built for 3.1 billion. After giving examples of high US construction costs outside New York, I was asked on social media whether I have a breakdown of costs by item. But there are two termini, which means you only need half the frequency at each terminus. Not counting design, engineering, and management costs, stations were about 75% of the cost of this project. Subway is an American privately-held corporation that operates a large chain of fast-food restaurants, selling primarily submarine sandwiches, salads and pizzas. London provides a useful sanity check. Fertman said the company is aiming to have every location refreshed from having something as basic as a new logo added on up to a complete remodel. Close the east side of the avenue while the wooden roadway is constructed and then swap sides. LA normally builds stations using cut and cover, so the relative expense of building a mezzanine is not as much (since you have to dig down anyway) vs. mining it out like NYC. If it’s bored tunnels with cut-and-cover stations, the station boxes will have to be deep enough that they can accommodate a mezzanine anyway, right? When buying an existing Subway franchise, you must have a minimum net worth of $80,000 and at least $30,000 in liquid assets. In New York, Second Avenue Subway consisted of three new stations: 96th Street, 86th Street, and 72nd Street. pipe for 150 ft., etc, all at a greater cost than 4 in. There are alternatives. Thanks to a “multi-million-dollar” grant program, Subway is about to ignite its remodel efforts, the company announced July 11. Overall, you’d have only two SB only Avenues, with Park Avenue being two-way. I only have data for three cities: New York, London, and Paris. To date, nearly 1,300 Subway restaurants globally have adopted the Fresh Forward or Fresh Start designs. Precisely. There would still be a large construction cost premium. The moment your Subway application request gets approved, you will be provided with the following: Subway currently has more than 44,800 locations around the world. The actual tunneling from 96th to 63rd Street, a little less than 3 km, cost $415 million, and systems cost another $332 million. Small Kitchen Storage Ideas. I was curious about station costs for SF’s Central Subway to compare, and it appears the three underground stations vary from $163M to $314M (If I’m reading the budget numbers from https://www.sfmta.com/sites/default/files/reports-and-documents/2018/01/2017_12_mpr.pdf correctly anyway). More granularity is needed. Thanksgiving Centerpieces. Of course, both techniques would still be insanely expensive compared to just digging up the road but I wonder how the two compares financially. The MTA must install elevators in any subway station that undergoes renovation—regardless of the cost, a federal judge ruled this week. Each franchisee can receive up to $10,000, … Nowadays stations are built cover-and-cut anyway, so the surface disruption isn’t even that big. Here's a bit on some of the most popular trends for this space. Having lived on East 72nd Street for a year during construction, I can give an eyewitness account of what reducing disruption meant: there was a giant shaft covering about half the width of Second Avenue, reducing sidewalk width to 7 feet, between 72nd and 73rd Streets. Public officials, mired in bureaucracy, have not acted to curb the costs. Construction costs are public numbers, reported in the mass media to inform citizens and taxpayers of the costs of public projects. Subway’s franchise fee is due in full from the moment the franchise agreement is signed. Subway’s estimated sales per unit are $420,800, according to NRN Top 100 data. Late comment, but I have to point out that building a large mezzanine is absolutely more expensive, even if station construction is cut and cover. I have to assume these costs are negligible compared to other costs of building the station. Is the question of a full length mezzanine relevant if you’re doing cut-and-cover? However, it is critical to note that this data is much sparser than even my original post about construction costs. When compared to a restaurant like McDonald’s that requires as much as $2.2 million in startup costs alone and a franchise fee of $45,000, we can deduce that Subway restaurants are much cheaper to startup. The price to ride the New York Subway has stayed ahead of inflation, but many of the services have been reduced. The same technique could be used to build outer extensions under Utica and Nostrand in Brooklyn. No, you cannot re-route trucks onto Fifth, so that means you’re only left with Lexington Ave as your SB through truck route.