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.

Language

• English

Project

• Status: Completed
• Funding: $563,242
• Contract Numbers:

  SPR-3912

• Sponsor Organizations:

  Purdue University/Indiana Department of Transportation JHRP

  Purdue University
  1284 Civil Engineering Building, Room 4154
  West Lafayette, IN  United States  47907-1284
• Principal Investigators:

  Fricker, Jon

  Gkritza, Konstantina (Nadia)

• Start Date: 20141001
• Expected Completion Date: 0
• Actual Completion Date: 20190414
• Source Data: RiP Project 37258

Subject/Index Terms

• TRT Terms: Access control (Transportation); Asset management; Capital investments; Economic development; High occupancy vehicle lanes; Highway corridors; Intelligent transportation systems; Reversible traffic lanes
• Identifier Terms: Indiana Department of Transportation
• Subject Areas: Finance; Highways; Operations and Traffic Management; Planning and Forecasting;

Filing Info

• Accession Number: 01553657
• Record Type: Research project
• Source Agency: Indiana Department of Transportation
• Contract Numbers: SPR-3912
• Files: RIP, STATEDOT
• Created Date: Feb 18 2015 1:00AM