Economic Impact Case Study Tool for Transit (2016) / Chapter Skim
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Pages 25-30
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From page 25... ...
25 C H A P T E R 4 This chapter lays out basic guidelines regarding how the case study database and web tool are intended to be used by transportation planners once there are more cases in the system. It draws directly from the guidance documentation that was originally developed for highways under SHRP 2 (EDR Group et al., 2012)
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26 The case study database also does not attempt to cover economic impacts associated with changes to safety, air quality, noise and vibration, neighborhood cohesion, environmental justice, and many other types of benefits or dis-benefits that are often evaluated as part of the environmental impact assessment of transportation investments. While there have been attempts to measure the broader economic effects of some of these impacts, they tend to have minimal direct impact on local economic development.
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From page 27... ...
27 of building construction, and value of investment in terms of construction cost. • Time Periods: typically, "pre-project" data is collected for the year before construction begins, while "post-project" data should be collected to correspond with the latest data available unless complete build-out of a project region was completed in an earlier year and there has been no development attributable to the project since then.
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From page 28... ...
28 tacts may be necessary to identify impact numbers based on a situation described by a prior contact. Case Analysis and Assembly Based on information collected in interviews and projectspecific or local research, the most important analytical step in the case assembly process is the determination of economic impact.
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From page 29... ...
29 because it is not reported in a centralized source or consistently from one state to another. Within the United States, and even within states, there is no single agency charged with economic intervention or provision of financial/business attraction incentives.
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From page 30... ...
30 Total dollars of investment are also difficult to compile because there is rarely any reason to collect this information in a centralized location. Except in cases where a local group or agency has taken special interest in this figure, the researcher may need to identify several of the major development projects and may need to reach out to developers to begin assembling this type of information.
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