Economic Assessment of the Proposed Improvement of U.S. Highway 287 in Wichita Falls, Texas

Details

• Creators:
  Buffington, Jesse L. ; Crane, Laurence M. ; Womack, Katie N. ; Salleh, Rohani
• Corporate Creators:
  Texas Transportation Institute. Texas A&M University
• Corporate Contributors:
  Texas Department of Transportation. Division of Transportation Planning
• Subject/TRT Terms:
  Benefit Cost Analysis Cities Economic Benefits Economic Impacts Economic Indicators Employment Evaluation Highway Travel Impacts Land Use Land Values Property Taxes Real Estate Development Revenues Road Construction Routes Sales

  More +
• Publication/ Report Number:
  TX-91/1915-1F
• Resource Type:
  Tech Report
• Geographical Coverage:
  Texas ; United States
• Edition:
  Final: May 1990 - December 1990
• Corporate Publisher:
  Texas Transportation Institute. Texas A&M University
• Abstract:
  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. This 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. Of the latter, one is an elevated express lane section, and one is a depressed express lane section, both of which follow the two city streets that would become service roads. Two of the bypass alternative routes follow varying sections of State Highway 240 and tie into U.S. Highway 287 at major highway interchange on each side of Wichita Falls. These two bypass alternatives would pass through strip of commercial and residential developments, but the other bypass alternative would be mostly on new location in a sparsely populated area. Each of the above route and design alternatives are evaluated to estimate the economic impacts resulting from implementing each alternative. The results are needed as supporting information in the environmental assessment (EA) for U.S. Highway 287. 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 salespersons and appraisers were interviewed to obtain their opinions of the five route alternatives. A total economic benefits-costs ratio is developed.
• Format:
  PDF
• Funding:
  2-3D-89/90-1915
• Collection(s):
  US Transportation Collection
• Main Document Checksum:
  urn:sha-512:db2de66145f4da13084f2280c526004753c643aea1a5ee51339532e133bd28ae75183adf5056bfef0f076617053441045911d2728a3aaaa14c3fcc5d3e35e8e9
• Download URL:
  https://rosap.ntl.bts.gov/view/dot/86150/dot_86150_DS1.pdf
• File Type:
  [PDF - 10.08 MB ]