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

Buffington, Jesse L.; Crane, Laurence M.; Womack, Katie N.; Salleh, Rohani

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

1991-06-01
By Buffington, Jesse L. ; Crane, Laurence M. ; Womack, Katie N. ; ...

File Language:

English

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
Publication/ Report Number:

TX-91/1915-ES
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 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 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 benefit-cost ratio is developed.
Format:

PDF
Funding:

2-3D-89/90-1915
Collection(s):

US Transportation Collection
Main Document Checksum:

urn:sha-512:c6620eb4e8df6dc125a61f195fa4277b1ed9e37ee3ba945b47534db5089cb2197da09a8746eb61298d6cb8035a22fa1876a013dc92d7ca40431a55607e813feb
Download URL:

https://rosap.ntl.bts.gov/view/dot/86153/dot_86153_DS1.pdf
File Type:

[PDF - 1.19 MB ]

File Language:

English

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