Economic and Development Implications of Transportation Disinvestment (2015) / Chapter Skim
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5 be expected to perform or retain an intended condition given foreseeable revenue streams. By contrast, disinvestment is understood not to characterize situations such as the Alaskan Way Viaduct in Seattle (where old infrastructure is simply being abandoned and replaced with new infrastructure)
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6 of disinvestment have not been widely studied. There are several reasons for this.
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7 paradigm in which "disinvestment" can be analyzed and considered as part of an economic decision process. Changing Paradigms Expansion Paradigm 1956–1992 In the mid- to late-20th century, the United States completed the Interstate Highway System; auto ownership and VMT increased steadily (Litman 2014)
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8 of 2009, which significantly changed the rate of residential development in many U.S. cities from what it was projected to have been when transportation assets were originally built (U.S.
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9 Defining Disinvestment For the purposes of this synthesis a distinction is made between simply underinvesting in an asset or system relative to a perceived need and actually disinvesting in existing assets or programs. Underinvestment (or deferred investment)
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10 Adaptive re-use is a tactic of redesigning or redesignating a piece of infrastructure formerly used for one purpose so that it can be used for a different purpose (at a lower cost)
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