About Oxford, Mississippi and the UniversityOxford, Mississippi has a population of just over 20,000 permanent residents.
Oxford is the home of University of Mississippi which means that during the school year the
population doubles since the University has more than 21,000 students.
Also, daily commuters from Lafayette County that work in Oxford means that you have a daily population of nearly 60,000 people in the city for most of the year.
This type of growth means you need a very flexible transit system with complex funding mechanisms. Short term leasing of buses just during the school year might be a future avenue of growth for Grande West in Oxford, Mississippi.
The Oxford –University Transit System (OUT) is the public transportation service for the city of Oxford and started in October, 2008.
The
university was officially added to the OUT system in 2009 and has become a key stakeholder in the transit system by
providing subsidies and maintains a voice in its governance. This explains why the university would pay for the bus leases and not the city.
The university has dramatically limited the number of cars allowed on campus and is moving for public transit to be the only major source of transportation allowed.
In Oxford, the average public transit ridership growth per year is
30 to 35%. Seeing as how it’s a small university town that needs frequent bus service, it’s a great place for future sales of Vicinity.
To learn more about Oxford-University Transit (OUT) go here:
https://www.ratpdevusa.com/sites/default/files/annexes/communiques/RATP-Dev-Oxford-CaseStudy_Oct2017.pdf