SOUTH DAKOTA INTERSTATE HIGHWAY 29. ECONOMIC IMPACT STUDY

TAXABLE RETAIL SALES, THE MAIN BAROMETER USED TO DETERMINE CHANGES IN THE STUDY AREA, INDICATED THAT THE STUDY AREA HAD A LARGER PERCENTAGE INCREASE DURING THE YEARS 1958-1965 THAN EITHER THE STATE OF SOUTH DAKOTA OR THE SELECTED CONTROL AREA. ALTHROUGH THE RESEARCHER FOUND THAT THE STUDY AREA AS A WHOLE ECONOMICALLY BENEFITED BY THE ADDITION OF THE INTERSTATE HIGHWAY, CERTAIN AREAS AND CERTAIN TYPES OF BUSINESSES WERE ADVERSELY AFFECTED. ADVERSE EFFECTS FOR THE HIGHWAY ORIENTED BUSINESSES LOCATED LAONG THE OLD HIGHWAY (U.S. 77) WERE SHOWN BY A REDUCTION IN TAXABLE RETAIL SALES. THE NON-HIGHWAY ORIENTED BUSINESSES WERE GENERALLY NOT AFFECTED BY THE INTERSTATE HIGHWAY. SOME OF THESE BUSINESSES RELOCATED TO TAKE ADVANTAGE OF THE INTERSTATE INTERCHANGES. OTHER NEW BUSINESSES WERE ATTRACTED TO THE INTERCHANGE LOCATIONS. THE HEAVIER TRAFFIC ASSOCIATED WITH THE INTERSTATE HIGHWAY, ALONG WITH THE NEW AND MODERN FACILITIES LOCATED AT THE INTERCHANGES, RESULTED IN A NEW AND LARGE GROWTH OF TAXABLE RETAIL SALES. THESE ADDITIONAL SALES MORE THAN OFFSET THE LOSS SUSTAINED BY BUSINESSES LOCATED ON U.S. 77 AND SHOWED A PERCENTAGE INCREASE THAT WAS LARGER THAN WAS EXPECTED HAD NOT I-29 BEEN BUILT. THE FULL IMPACT OF I-29 WILL NOT BE FELT FOR SEVERAL YEARS SINCE THE MAJORITY OF BUSINESSES LOCATED AT THE INTERCHANGE AREAS WERE NOT FULLY OPERATIVE UNTIL 1964 AND 1965. THE RESPONSES OF THE DIFFERENT COMMUNITIES LOCATED ON SUSPERSEDED U.S. 77, TO THE CONSTRUCTION OF I-29, HAS NOT BEEN UNIFORM. TWO OF THE FOUR TOWNS LOCATED ON U.S. 77 WERE QUICK TO ACT ON THE LOCATIONAL ADVANTAGES AT THE INTERCHANGES AND HENCE HAVE SEVERAL BUSINESSES LOCATED AT THE INTERCHANGE NEAR THE TOWN. CONSEQUENTLY, THESE TWO TOWNS HAVE EXPERIENCED A GREATER ECONOMIC GROWTH THAN THE TWO TOWNS WHICH HAVE HAD NO DEVELOPMENT AT THEIR INTERCHANGE. /AUTHOR/

  • Supplemental Notes:
    • Hpr 605 (62), HPR-1(2)
  • Corporate Authors:

    South Dakota Department of Transportation

    700 East Broadway Avenue
    Pierre, SD  United States  57501

    Bureau of Public Roads /US

    400 7th Street, SW
    Washington, DC  United States  20590
  • Authors:
    • Wulleber, L D
  • Publication Date: 1967-6

Subject/Index Terms

Filing Info

  • Accession Number: 00201184
  • Record Type: Publication
  • Source Agency: Bureau of Public Roads /US
  • Files: TRIS, STATEDOT
  • Created Date: Oct 31 1994 12:00AM