A Methodology for Determining Economic Impacts of Raised Medians: Initial Development
Author(s):
W.L. Eisele, W.E. Frawley, D.L. Picha, M.T. Wildenthal
Publication Date:
October 1997
Abstract:
The objective of this research effort was to develop and test a recommended methodology to estimate the economic impact of median design. This report summarizes the results, conclusions, and recommendations for the first year of this four year study. The first test of the methodology was conducted within the Bryan District of TxDOT on Texas Avenue in College Station. Texas Avenue is being widened from four to six lanes including the addition of a raised median. Subsequent years of this study will further test the recommended methodology at additional locations where a raised median is being installed. Data will be collected after the installation of the raised median is completed along Texas Avenue as part of further years of the study.Conclusions are drawn about the Texas Avenue corridor with respect to quantitative aspects such as gross sales, employee hiring trends, accessibility, and qualitative comments and concerns expressed during the personal interviewing of business owners. Suggestions and recommendations are made about survey development and administration for future studies investigating economic impacts as well.
Report Number:
7-3904-1
Electronic Link(s):
Document/Product
http://tti.tamu.edu/documents/3904-1.pdf
Publication/Product Request
TTI reports and products are available for download at no charge. If an electronic version is not available and no instructions on how to obtain it are given, contact the TTI Library.