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TRANSPORTATION AND ECONOMIC DEVELOPMENT
LINKAGES
PRESENTED BY DEBRA M. SIMMONS WILSONPARSONS BRINCKERHOFF
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