- Our goal is to make this happen with as much private funding as possible. We expect that SkyLift will ultimately be paid for with a combination of public and private funds.
- We have learned that urban implementations are different and more complex than winter use
implementations. Reasons for the complexity include site control, legal fees, utilities,
height restrictions, environmental considerations, zoning restrictions, etc.
- A winter use implementation is typically estimated by mileage. A standard range of $4-$12 million per
mile is used. However, for an urban implementation, no standard formula exists.
- After speaking with the manufactures and consultants, we estimate each station will cost $3-$5 million. We are proposing 14 stations, so the stations alone could cost $70 million.
- The electro-mechanical portion of SkyLift, which includes the cars, cables, towers and more,could cost
an additional $100 - $130 million. But we just don’t know yet.
- Using these assumptions we are estimating that this could cost $185 million plus or minus 30%. That’s
making a lot of assumptions.
- The proposed feasibility study will help us firm up the cost of the project as well as provide us with
the full economic impact.
- Operational costs are estimated at $20 million a year, so our goal is to sell the naming rights for SkyLift just like our footbal, baseball stadiums and arena. this is what other cities have done. For example, the system in London had Emirates Air Line sponsor theirs.
Over 100 new jobs!
SkyLift will staff 2-6 people per station per shift. SkyLift will
run seven days a week and utilize two to three shifts per day. The construction of SkyLift will create new
construction jobs. At the completion of the feasibility study, we will have a better handle on the number of
jobs that will be created.
Collaboration with current projects
Skylift will collaborate with the Convention Center, Harbor West, East Bank
and North Coast which are all under development.
The ripple effect will be felt throughout the Greater Cleveland
area (supply companies, restaurants, hotels, etc.).
SkyLift could be on the same level as the Space Needle, Navy Pier,
Mount Washington, and the Sears Tower.
SkyLift will help Cleveland become convention friendly
by making it more competitive and attractive to local, regional, national and
international conferences. For instance, the economic impact of a political
convention has been estimated at $300 million.
More people downtown
Greater Clevelanders who haven’t been downtown in a long time can rediscover
Cleveland and all of the exciting development that is happening.
Fares & Tourism
Affordable one-way or all-day
SkyLift fares are expected to be $3.50 for a one-way ticket and $7.00 for an all day
pass. These fares are comparable to the RTA ($2.25 one way and $5.00 for an all day
pass). We need to complete the feasibility analysis to confirm these numbers. Our goal is to make SkyLift
affordable for everyone.
1,645,900 visitors annually to:
- First Energy Stadium – 639,000
- Rock and Roll Hall of Fame and Museum - 460,600
- Great Lakes Science Center - 338,800
- Special Events at Voinovich Park – 119,600
- Goodtime III – 68,300
- USS Cod – 15,000
- Proposed Marina (53 slips) 9,600
In addition, think of all the visitors to: Quicken Loans Arena, Casino, Progressive Field,
Convention Center and many other locations.
SkyLift is brought to you by LeanDog.
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