U.S. 70 BYPASS - GLENWOOD, AN ECONOMIC IMPACT STUDY

BEFORE AND AFTER DATA COMPARISONS ARE SUMMARIZED PERTAINING TO LOCATION, CONSTRUCTION, AND OPERATION OF AN ALTERNATE U.S. 70 HIGHWAY ROUTE. THE TOTAL EFFECT OF THE NEW FACILITY UPON THE LOCAL ECONOMY AND ITS COMPONENTS IS TO BE APPRAISED. THE RESEARCHERS FOUND THAT ALL OBSERVED FACETS OF LOCAL ECONOMY RECEIVED BENEFITS FROM THE WELL-DESIGNED AND EFFICIENTLY OPERATING U.S. 70 BYPASS FACILITY. RETAIL TRADE, AIDED BY IMPROVED HIGHWAY TRANSPORTATION, IS THRIVING. INDUSTRIAL TRANSPORTATION HAS BEEN FACILITATED BY IMPROVED HIGHWAY SERVICES. GREATER FREEDOM OF ACCESS DUE TO REDUCED TRAFFIC CONGESTION HAS EXTENDED BENEFITS TO ALL CIVIC AND SOCIAL INSTITUTIONS. RE-ROUTING HIGHWAY TRAFFIC TO THE HIGHWAY BYPASS ROUTE OUTSIDE THE COUMMUNITY HAS REDUCED THE DAMAGE TO CITY STREETS, WITH SAVINGS ACCRUING TO THE MUNICIPAL GOVERNMENT. LAND VALUE AND LAND USE HAVE INCREASED. HIGHWAY TRAFFIC AND LOCAL TRAFFIC HAVE BENEFITTED FROM REDUCED VEHICLE COSTS. THESE VEHICLE OPERATION COST SAVINGS HAVE BEEN DISTRIBUTED TO ALL ASPECTS OF THE ECONOMY. SOCIAL ATTITUDES HAVE IMPROVED. A SOCIAL AND ECONOMIC STIMULATION HAS BEEN EFFECTED BY THE OPERATION OF THE GLENWOOD BYPASS FACILITY, AND THE PEOPLE SHOW IT. THE FINDINGS OF THIS STUDY CONFIRM THOSE OF SIMILAR STUDIES CONDUCTED OVER THE ENTIRE NATION, WHERE IN GENERAL THE BENEFICIAL ECONOMIC EFFECTS RESULTING FROM PLACEMENT AND OPERATION OF BYPASS, OR ALTERNATE ROUTE, FACILITIES HAVE BEEN REPEATEDLY ESTABLISHED. /BPR/

  • Supplemental Notes:
    • Hpr, Bpr-hpR-1/4/, STATE-N-456
  • Corporate Authors:

    Arkansas State Highway Department

    Little Rock, AR  United States  72203

    Bureau of Public Roads /US

    400 7th Street, SW
    Washington, DC  United States  20590
  • Publication Date: 1967-11

Subject/Index Terms

Filing Info

  • Accession Number: 00201186
  • Record Type: Publication
  • Source Agency: Bureau of Public Roads /US
  • Files: TRIS, STATEDOT
  • Created Date: Jan 16 1994 12:00AM