TRANSPORTATION AND ECONOMIC DEVELOPMENT LINKAGES PRESENTED BY DEBRA M. SIMMONS WILSON PARSONS...

TRANSPORTATION AND ECONOMIC DEVELOPMENT

LINKAGES

PRESENTED BY DEBRA M. SIMMONS WILSONPARSONS BRINCKERHOFF

Transportation and Economic

Development

Yes, there is a connection!

Transportation has advanced tremendously over time!

Without it - our quality of life would be drastically different!

ACCESS is Essential

• Transportation is defined as any means of conveying people and goods.

• Imagine how different our lives would be without roads, bridges, airports, waterways, telephone and cable lines, railroads, public transit systems, bikeways, and even sidewalks!!

• Every facet of our everyday lives are impacted by transportation and the economic activity that it generates

INDIANA TRANSPORTATION FACTS

• Indiana’s transportation network is multi-modal with the roadway system accounting for over 93,000 miles

• As “The Crossroads of America,” Indiana roads carry more than $1 trillion in goods and exceeds 9.5 billion miles of commercial truck traffic annually

• More than $5 billion worth of Hoosier-grown produce, poultry and livestock relies on an efficient transportation system

INDIANA TRANSPORTATION FACTS

• Transportation construction industry employs more than 48,000 Hoosiers

• Every $1 billion invested in transportation infrastructure generates more than $2.5 billion in economic activity, including the creation of 47,500

Investments since 1999 boost Indiana economy!

$70M Aggregate Sales

$129M Asphalt and Cement Sales

$57-75M Engineering Services

$172M Transportation, Communications

and Utilities

$100M Wholesale and Retail Trade

$86M Finance, Insurance and Real

Estate

INDIANA TRANSPORTATION FACTS

• Indiana ports(3), railroads(39), airports(69), and transit systems(53) also contribute to Indiana’s economic activity

• Including freight tonnage, wages, and operations, and other economic activity the non-highway modes contribute over $84 billion to Indiana’s economy

Some transportation activity provides large economic benefits

Goals are to:• Strengthen the transportation

network in Southwest Indiana;

• Support economic development in Southwest Indiana; and,

• Complete the portion of the National I-69 project between Evansville and Indianapolis

Hoosier Heartland Highway = Economic Engine

• Designated in the 1991 funding bill as a Congressional High Priority Corridor 

• Part of the National Highway System 

• 4-lane corridor connecting Fort Wayne, Lafayette, and Indianapolis, and is necessary for economic development  of North Central Indiana

Transportation and Economic Growth are Inseparable

• US 24 Fort Wayne to Toledo, OH (Fort to Port)

• I-70 Relocation Project

• Six Points Road Interchange

• Indianapolis New Midfield Terminal

Transportation and Economic Activity are connected

• Building the nation’s highways put thousands of citizens to work

• Investing in the future of Transportation = an Investment in our Economy