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Title:

ECONOMIC IMPACTS OF RAISED MEDIANS IN TEXAS: METHODOLOGY AND CASE STUDY RESULTS

Accession Number:

00939815

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

The interest in access management applications in Texas has increased in recent years. Specifically, the use of raised medians as an access management treatment in urban and suburban areas has increased. Raised medians restrict access to businesses along a corridor by limiting turning movements to select mid-block locations. Therefore, a very common remark at public hearings related to the construction of raised medians is that there are many potential detrimental economic impacts on adjacent businesses. Although many studies on the affects of raised median installation on safety and capacity improvement exist, there is little research available on the economic impacts from raised medians on adjacent businesses and properties. The Texas Transportation Institute has recently completed a four-year study for the Texas Department of Transportation investigating the economic impacts of raised median installation at eleven case study locations in Texas. This paper summarizes the study methodology and presents the results and final conclusions of the study. Qualitative and quantitative findings of primary metrics related to economic impacts are presented. These metrics include impacts on customers per day, gross sales, and property values to name a few, from both the business owner and customer perspective. This research is anticipated to be valuable for transportation professionals in both the public and private sectors who must provide estimates and expectations of the economic impacts of raised median installation that may be expected before, during, and after construction.

Supplemental Notes:

The CD-ROM contains the proceedings of the sixth, seventh and eighth conferences. The eighth conference proceedings were published in October 2001.

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Eisele, W L
Frawley, W E

Editors:

Donnelly, R
Bennett, G

Pagination:

p. 317-325

Publication Date:

2002

Conference:

Eighth TRB Conference on the Application of Transportation Planning Methods

Location: Corpus Christi, Texas
Date: 2001-4-22 to 2001-4-26
Sponsors: Transportation Research Board; Texas Department of Transportation; Corpus Christi Metropolitan Planning Organization; Federal Highway Administration; and Federal Transit Administration.

Features:

References (5) ; Tables (5)

Uncontrolled Terms:

Geographic Terms:

Subject Areas:

Economics; Finance; Highways; Planning and Forecasting; I72: Traffic and Transport Planning

Files:

TRIS, TRB

Created Date:

Mar 21 2003 12:00AM

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