Company Profile: 645 Harbour Way Unit 8
Background
The address "645 Harbour Way Unit 8" corresponds to a residential property located in Richmond, California. This property is part of the "Yellow Brick Road Iron Triangle Walkable Neighborhood Plan," which aims to enhance pedestrian and cyclist connections in Richmond's Iron Triangle neighborhood. The project includes improvements to various streets and crossings, contributing to the development of a more walkable and cyclist-friendly community.
Key Strategic Focus
The strategic focus of the Yellow Brick Road project is to create, improve, and enhance pedestrian and cyclist connections within the Iron Triangle neighborhood. By upgrading streets and crossings, the initiative aims to foster a more walkable and cyclist-friendly environment, thereby improving the quality of life for residents and encouraging sustainable transportation options.
Financials and Funding
The project has an approved budget of $6,129,000, allocated across various phases, including planning, design, right-of-way acquisition, and construction. The construction phase has a budget of $5,277,000, with an expected completion date of December 31, 2023. The funding is sourced from the Active Transportation Program (ATP), which supports projects that encourage active transportation modes such as walking and cycling.
Pipeline Development
The Yellow Brick Road project is currently in the construction phase, with an expected completion date of December 31, 2023. The project encompasses various streets and crossings within the Iron Triangle neighborhood, aiming to improve pedestrian and cyclist infrastructure. Specific milestones include the completion of planning and design phases, right-of-way acquisition, and the ongoing construction phase.
Technological Platform and Innovation
The project utilizes modern urban planning and civil engineering methodologies to enhance pedestrian and cyclist infrastructure. While specific technological platforms or proprietary technologies are not detailed, the initiative reflects a commitment to sustainable urban development and community-focused design.
Leadership Team
The project is managed by the City of Richmond's Department of Infrastructure and Operations, with oversight from the Active Transportation Program (ATP) of the California Department of Transportation (Caltrans). Specific leadership team members are not publicly disclosed.
Competitor Profile
Market Insights and Dynamics:
The market for urban development projects focusing on active transportation is growing, with increasing emphasis on creating walkable and cyclist-friendly communities. Such projects contribute to improved public health, reduced traffic congestion, and environmental sustainability.
Competitor Analysis:
Other cities and organizations undertaking similar initiatives include:
- San Francisco's "Better Market Street" Project: Aims to transform Market Street into a more pedestrian-friendly and cyclist-friendly corridor.
- Los Angeles' "Great Streets Initiative": Focuses on redesigning streets to enhance pedestrian and cyclist experiences.
Strategic Collaborations and Partnerships:
The project collaborates with various stakeholders, including local community groups, urban planners, and transportation agencies, to ensure the development meets the needs of the community and aligns with broader transportation goals.
Operational Insights:
The project differentiates itself by focusing on a specific neighborhood, the Iron Triangle, addressing unique challenges and opportunities within that area. By enhancing local infrastructure, the project aims to create a model for similar initiatives in other urban areas.
Strategic Opportunities and Future Directions:
The success of the Yellow Brick Road project could lead to the expansion of similar initiatives in other parts of Richmond and neighboring cities. Future directions may include integrating green spaces, improving public transportation options, and incorporating smart city technologies to further enhance urban livability.
