The economic impact of one to two-way street conversions: advancing a context-sensitive framework
William Riggs and
Bruce Appleyard
Journal of Urbanism: International Research on Placemaking and Urban Sustainability, 2018, vol. 11, issue 2, 129-148
Abstract:
As many communities across the US convert one-way streets to two-way traffic flow, a growing body of work seeks to understand the implications. While some work indicates that there can be road safety and performance benefits to these conversions, only a small number of papers deal with the economic implications. This paper examines the economic impact of one to two-way street conversions, using six case studies between 2004 and 2011. Researchers analyzed these cases, looking at relative job growth in conversion areas as compared to the local economy on both an aggregate and job sector basis. These data are then compared with relative income growth and an evaluation of qualitative outcomes. The results illustrate that investment streetscape improvements may have benefit particularly for arts and entertainment sectors, but also need to connect to larger economic development and livability strategy.
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rjouxx:v:11:y:2018:i:2:p:129-148
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DOI: 10.1080/17549175.2017.1422535
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