A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Economic Assessment of the Proposed Improvement of U.S. Highway 287 in Wichita Falls, Texas
The Texas Department of Transportation's (TxDOT) District 3 personnel are in the process of evaluating the proposed improvement of U.S. Highway 287 which is located in Wichita Falls, Texas. The highway passes through Wichita Falls a few blocks from the Central Business District and is a major route to Fort Worth to the east and Amarillo to the west. Presently, the highway is a freeway on each side of town. The two freeway sections end in the downtown area and traffic is routed on to two one-way streets for a distance of 0.65 mile or seven blocks before becoming a freeway again, thus causing a design gap in a principal highway system. Five route alternatives are evaluated, three being bypass alternatives, and the other two follow the existing route through the gap area. The study objective is to estimate the economic impacts of the proposed route and/or design alternatives for U.S. Highway 287. The following impacts are to be estimated: (1) impact on existing businesses, distinguishing between traffic-serving and other types of businesses, (2) impact on new development, (3) impact on employment, including that due to construction expenditures and loss of clientele, (4) impact on municipal tax revenues, and (5) impact on highway users. Data from previous studies, TxDOT, Texas State Comptroller's Office, and the City of Wichita Falls are used to estimate these impacts. Also abutting businesses, residents, public/nonprofit organizations, and real estate sales persons and appraisers were interviewed to obtain their opinions of the five route alternatives. A total economic benefits-costs ratio is developed.
Economic Assessment of the Proposed Improvement of U.S. Highway 287 in Wichita Falls, Texas
The Texas Department of Transportation's (TxDOT) District 3 personnel are in the process of evaluating the proposed improvement of U.S. Highway 287 which is located in Wichita Falls, Texas. The highway passes through Wichita Falls a few blocks from the Central Business District and is a major route to Fort Worth to the east and Amarillo to the west. Presently, the highway is a freeway on each side of town. The two freeway sections end in the downtown area and traffic is routed on to two one-way streets for a distance of 0.65 mile or seven blocks before becoming a freeway again, thus causing a design gap in a principal highway system. Five route alternatives are evaluated, three being bypass alternatives, and the other two follow the existing route through the gap area. The study objective is to estimate the economic impacts of the proposed route and/or design alternatives for U.S. Highway 287. The following impacts are to be estimated: (1) impact on existing businesses, distinguishing between traffic-serving and other types of businesses, (2) impact on new development, (3) impact on employment, including that due to construction expenditures and loss of clientele, (4) impact on municipal tax revenues, and (5) impact on highway users. Data from previous studies, TxDOT, Texas State Comptroller's Office, and the City of Wichita Falls are used to estimate these impacts. Also abutting businesses, residents, public/nonprofit organizations, and real estate sales persons and appraisers were interviewed to obtain their opinions of the five route alternatives. A total economic benefits-costs ratio is developed.
Economic Assessment of the Proposed Improvement of U.S. Highway 287 in Wichita Falls, Texas
J. L. Buffington (author) / L. M. Crane (author) / K. N. Womack (author) / R. Salleh (author)
1991
250 pages
Report
No indication
English
Transportation & Traffic Planning , Economic Studies , Transportation , Economic & Community Development , Road Transportation , Highway economic factors , Highway improvements , Economic development , Regional planning , Land usage , Texas , Property values , Highway planning , Growth rate , Taxation , Transportation planning , Benefit cost analysis , Wichita Falls(Texas) , US Highway 287
NTIS | 1962