Preliminary Economic Impact of the Southern Tier Expressway: Western Portion

Prepared by:

Prepared for the:

Federal Highway Administration

April 2003 (Rev. July 1, 2003)

Table of Contents

1. Executive Summary

2. Acknowledgements

3. 1. Introduction
   1. 1.1 Highway History
   2. 1.2 Agency Roles
   3. 1.3 Objective of this Study
   4. 1.4 Organization of the Report

1. 2. Analysis Framework
   1. 2.1 Definition of the Project and Study Area
   2. 2.2 Definition of the Time Period
   3. 2.3 Measurement of Impacts
   4. 2.4 Definition of the Comparison Area
   5. 2.5 Similarity Between the Study Area and Comparison Area

1. 3. Local Traffic, Business and Land Development Changes
   1. 3.1 Traffic Volumes and Travel Times
   2. 3.2 Local Business and Land Development in the Study Area
   3. 3.3 Local Business and Land Development in the Comparison Area
   4. 3.4 Findings on Localized Development Impacts of I-86 Completion

1. 4. Analysis of Economic Change
   1. 4.1 Sources and Indicators of Overall Change
   2. 4.2 Employment and Number of Businesses
   3. 4.3 Average Income
   4. 4.4 Property Values
   5. 4.5 Population

1. 5. Conclusions
   1. 5.1 Localized Impact Findings
   2. 5.2 Area-wide Impact Findings
   3. 5.3 Uses of this Study

1. Appendix A. Interview Guide

2. Appendix B. Maps of New Business Locations

3. Notes