TRANSPORTATION CORRIDORS: THE COST OF KEEPING OPTIONS OPEN

One transportation planning strategy to reserve options in the face of uncertainty is to establish "transportation corridors" in advance of the need for transportation facilities. This paper examines this strategy in an economic framework to demonstrate that the economic justification for such a strategy will depend on the kind of development opportunities which are being forestalled and the length of time for which the corridor is to be held prior to constructing the transportation facility. General examples for different land use types are presented. A recent real-world example, the Scarborough transportation corridor, is also examined and the conclusion reached that it would be appropriate to reserve the land only if the transportation facility were constructed within ten to fifteen years beyond the time when development of the lands would otherwise have taken place. /TRRL/

  • Supplemental Notes:
    • Paper presented to Roads and Transportation Association of Canada Annual Conference, September 18-21, 1978, Ottawa.
  • Corporate Authors:

    Transportation Association of Canada

    2323 St Laurent Boulevard
    Ottawa, Ontario  Canada  K1G 4J8
  • Authors:
    • Carline, J
    • Stewart, G
  • Publication Date: 1978

Media Info

  • Features: References; Tables;
  • Pagination: 18 p.

Subject/Index Terms

Filing Info

  • Accession Number: 00195413
  • Record Type: Publication
  • Source Agency: Transportation Association of Canada
  • Report/Paper Numbers: Monograph
  • Files: ITRD, TRIS
  • Created Date: Jul 11 1979 12:00AM