Economic Development and Highway Right-Sizing: Overview
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2019-09-01
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Abstract:The Federal Highway Administration (FHWA) and the Federal Transit Administration (FTA) define a transportation facility rightsizing project as one whose goal is to “match land use and transportation contexts appropriately on existing streets.” Rightsizing typically involves reducing the transportation facility footprint and repurposing the land made available to more appropriately meet regional transportation needs and stimulate economic development. Right-sizing transportation projects can help improve a community’s economic competitiveness. By reducing the footprint of a transportation facility, right-sizing can provide new public spaces, increase transportation safety through improved road geometry, and encourage economic development by making the neighborhood more attractive for local businesses, all while meeting traffic demand.
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