Transportation

, Volume 39, Issue 5, pp 975–995

Intermodal exchange stations in the city of Madrid

  • José Manuel Vassallo
  • Floridea Di Ciommo
  • Álvaro García
Article

Abstract

The City of Madrid is putting into operation Intermodal Exchange Stations (IESs) to make connections between urban and suburban transportation modes easier for users of public transportation. The purpose of this article is to evaluate the actual effects that the implementation of IESs in the City of Madrid has on the affected stakeholders: users, public transportation operators, infrastructure managers, the government, the abutters and other citizens. We develop a methodology intended to help assess the welfare gains and losses for each stakeholder. Then we apply this methodology to the case study of the Avenida de América IES in the city of Madrid. We found that it is indeed possible to arrive at winwin solutions for the funding of urban transportation infrastructure, as long as the cost-benefit ratio of the project is high enough. Commuters save travel time. Bus companies diminish their costs of operation. The abutters gain in quality of life. The private operator of the infrastructure makes a fair profit. And the government is able to promote these infrastructure facilities without spending more of its scarce budgetary resources.

Keywords

Urban transportation Modal exchange Public–private-partnerships Operation costs 

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Copyright information

© Springer Science+Business Media, LLC. 2011

Authors and Affiliations

  • José Manuel Vassallo
    • 1
  • Floridea Di Ciommo
    • 1
  • Álvaro García
    • 1
  1. 1.Transportation Research Centre (TRANSYT)Universidad Politécnica de MadridMadridSpain

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