Highway Construction Related Business Impacts: Phase I Report
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2004-03-01
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Edition:Phase I Report, January 2003 – March 2004
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Abstract:Business owners are typically quite concerned when a highway construction project is proposed near their businesses. Even though construction projects are only temporary situations, many business owners worry about the level of impact and the length and magnitude of the recovery period. Currently little information that quantifies the estimated business impacts exists nationwide and none that is specific to Wyoming. The intent of this study is to investigate the business-related impacts due to highway construction projects in Wyoming. The findings from this research effort, Phase I and Phase II, will result in tools to address the concerns of business owners and response to unsupported statements of business owners on future projects. Quantified estimates of both the perceived and actual business impacts from previous projects will be included as well as mitigation techniques for future projects to minimize the construction impact and to foster better relationships with adjacent business owners. Phase I concentrates on evaluating impacts of past construction projects and Phase II concentrates on current and future projects. This Phase I report is composed of seven chapters including the introduction. Chapter 2 is a literature review on construction impacts and mitigation techniques. Chapter 3 includes the Wyoming Department of Transportation survey including methodology and results. Chapter 4 introduces the Phase I projects. Chapter 5 gives details about the collected data, such as business categorization based on SIC codes; customer base; traffic volumes before, during and after construction; tax revenue before, during and after construction; and the general economic trends occurring in the area. Chapter 6 contains data analysis on each of the following: traffic volumes, tax revenues, commercial property, business survey, summary of impact level, and perceived versus actual impacts. Chapter 7 contains the conclusions and recommendations and includes a section on the Phase II study
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