Wells + Associates (W+A) was retained by Property Group Partners (PGP) to conduct a traffic evaluation required by the Securities and Exchange Commission (SEC) in conjunction with their lease negotiations with PGP. The SEC leases approximately 1.2 MSF of space in Station Place, which is located immediately adjacent to Union Station and just blocks from the U.S. Capitol.
As part of our Government Facilities transportation practice, the traffic study included the evaluation of four off-site intersections plus the two driveways, which provide access to and egress from 1,180 parking spaces. The study also included an inventory of available multimodal transportation options, a summary of Station Place’s Transportation Demand Management Plan, and a safety evaluation.
The study found that Station Place is served by a multitude of transportation options, including Metro’s Red Line, nine Metrobus routes, DC Streetcar, several commuter bus lines, Amtrak, MARC, VRE, and the District’s largest intercity bus terminal, due to its location immediately adjacent to the most significant transportation hub in the Washington DC metro area,
The study also found that in the future, increases in traffic due to regional growth and planned development in the area would cause some increase in delay within the study area. The increases in delay can be offset by signal timing adjustments and anticipated network improvements associated with the Union Station redevelopment and the Burnham Place development.