Benefits of Re-Routing I-70 ➢ Reintegrate the Globeville, Elyria and Swansea neighborhoods into the city ➢ Allow provision of needed retail and commercial establishments serving the communities ➢ When other cities have removed highways it has raised property values an average of between $160,000 and $180,000 ➢ Stimulate economic development along the I-270/I-76 corridor where almost no residential housing exists ➢ Construction of additional lanes along I-76 and I-270 prior to closing I-70 allows for less interruption of traffic during construction and a less complex construction process. According to the City of Denver this would reduce the construction time by 1-2 years ➢ Will provide easy access through surface level streets, supporting the development of the Stock Show Complex for year-round events and activities at the Denver Coliseum ➢ Provides land almost half the size of Stapleton along the I-70 corridor for an estimated $1.5 billion in direct and indirect economic development ➢ Supports the development already taking place along Brighton Boulevard ➢ Enhances air quality for the communities and school children ➢ Improves traffic flow and reduces congestion on I-25 ➢ Provides opportunities for public transit options along I-76, I-270 and the western part of the current I-70 corridor ➢ Removes the necessity for separately rebuilding I-270 in the future and adding lanes to I-76 to accommodate growing traffic ➢ Using data from the Washington State Department of Transportation and the Florida State Department of Transportation, it would cost between $300 million and $500 million less than the CDOT plan
Posted on: Fri, 21 Jun 2013 19:39:24 +0000