SPR-3912: Economic Development Impact of Corridor Improvements

This study will develop a sketch-planning tool to assess the economic development impact of (non-traditional) corridor improvements. Examples of such improvements and treatments include (but not limited to): intelligent transportation system (ITS) implementation strategies; access management; road diets; high occupancy vehicle (HOV) lanes; reversible lanes etc. The research team will: (1) investigate the synergies among travel demand, traffic, and economic impact models in evaluating alternative corridor-level projects; and (2) investigate ways to adapt the ISTDM, and/or Major Corridor Investment-Benefit Analysis System (MCIBAS) or develop a post-processing method to meet the needs of the Indiana Department of Transportation's (INDOT's) Division of Asset Planning and Management.