Wednesday, September 28, 2011

The Future Holds..

Utility access (especially transportation access) determines the development potential of many parcels. Historically, a steady supply of developable land has been ensured as a result of an expanding roadway network. Federal subsidy for road network expansion can be expected to become scarcer and Federal funding is reoriented towards preserving existing roadways. Freeway and highways, which provide the greatest increase in ex-urban accessibility to urban employment and services, have typically been justified on the basis of congestion mitigation. Future efforts on congestion mitigation are more likely to emphasize less costly and more efficient solutions such as ITS and transit improvements. While roadway expansion can be expected to continue, it seems likely future roadway expansion will no longer exceed the rate of population growth.