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AN ECONOMIC IMPACT STUDY OF INTERSTATE HIGHWAY 35E ON WAXAHACHIE, TEXAS

THE 11.5 MILE BYPASS SECTION OF I 35E DEVIATES FROM THE ROUTE OF OLD U.S. 77 AND PASSES THROUGH THE WESTERN OUTSKIRTS OF WAXAHACHIE. THIS STUDY WAS INTENDED' /A/ TO MEASURE THE EFFECT OF THE BYPASS ON LAND USE AND LAND VALUES ALONG ITS COURSE, AND, /B/ TO MEASURE SALES OF OLD AND NEW RETAIL BUSINESSES ALONG U.S. 77 IN WAXAHACHIE AND OF THE NEW BUSINESSES ON I 35E. CHANGES IN USE AND VALUE WERE PRESENTED ON THE BASIS OF SIZE OF TRACT /ACREAGE AND SUBDIVIDED/ AND PROXIMITY TO HIGHWAY /ABUTTING AND NONABUTTING/. INCREASES IN VALUE FOR ALL GROUPS WERE GREATER IN THE STUDY AREA THAN IN THE CONTROL AREA. SALES WERE MORE FREQUENT AND VALUE INCREASES WERE GREATEST IN ABUTTING ACREAGE TRACTS. HIGHWAY INFLUENCE WAS ABOUT $500 PER ACRE IN AUBTTING TRACTS, ABOUT $100 MORE THAN IN NONABUTTING. THE NET CHANGE IN RETAIL SALES WAS A 1.3 PERCENT LOSS. THERE WAS A 13.5 PERCENT DECLINE FOR ALL TRAFFIC SERVING BUSINESSES /A 17.3 PERCENT DECLINE FOR SERVICE STATIONS, A 0.8 PERCENT INCREASE FOR FOOD SERVICE ESTABLISHMENTS, AND A 43.3 PERCENT INCREASE FOR MOTELS/. NONTRAFFIC SERVING BUSINESSES INCREASED BY 10.1 PERCENT. THE OVERALL INCREASE IN RETAIL SALES FOR WAXAHACHIE WAS 7.9 PERCENT, SOMEWHAT LESS THAN THE INCREASE FOR SELECTED COMPARISON /CONTROL/ TOWNS AND FOR THE STATE OF TEXAS. /BPR/

  • Supplemental Notes:
    • Hpr-1/5/, PROJECT NO 2-10-57, Rept No 4-6
  • Corporate Authors:

    Texas A&M University, College Station

    College Station, TX  United States  77840
  • Authors:
    • Buffington, J L
  • Publication Date: 1966-3

Subject/Index Terms

Filing Info

  • Accession Number: 00201162
  • Record Type: Publication
  • Files: ITRD, TRIS
  • Created Date: Aug 1 1994 12:00AM