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Published byReginald Wilson Modified over 9 years ago
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Regional Cooperation in Greenway Planning National Walking Summit, October 29-30, 2015
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Two keys to our work: Working together as a region Showing the fiscal benefits
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Studies are a partnership of the Great Smoky Mountains Regional Greenway Council and the Knoxville Regional TPO MAYNARDVILLE
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More than 100 miles of paved greenway in the Knoxville Region 50 miles in Knoxville; east-west spine is 17 miles 16 miles in Maryville/ Alcoa; almost all is connected 9 miles in Townsend 9 miles in Oak Ridge
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2013 study looked at Maryville to Townsend 2014 study was West Knox to Oak Ridge Focus on fiscal benefits
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Plan is part of a larger vision of connecting Knoxville to the Great Smoky Mountains via greenway trail
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CONSPIRA CY
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Suburban Cross-Section
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Rural/Steep Cross-Section
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Rendering of Rural Section
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Cost Estimates 1.4 miles $665,000 5.6 miles $2.5 million 6.7 miles $21.4 million Total cost: $24.5 million $475,000/mile $446,000/mile $3.2 million/mile
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Elements of Fiscal Analysis $2.45M per year in construction spending $3.6M in annual output from construction 33 jobs created per year Maintenance spending adds another $87K in annual output and 1 job per year
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Elements of Fiscal Analysis $2.8M in annual output from tourism Greenway is expected to attract: 109,500 annual users 65,700 local users 43,800 non- local users Estimated spending: $43.22 per day 34 jobs created per year Final element of fiscal impact: $170K in state and local taxes
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Findings of Fiscal Analysis $2.66 in economic benefits for every $1 in construction spending
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Where we stand now Portion of trail outside of urbanized area will require private funding
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West Knox to Oak Ridge Study Goals Demonstrate fiscal benefits of increasing access to trails Making connections between trails and other destinations
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More Connections
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Preferred and Alternate Alignments
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Benefits of the Greenway Positive impact on residential property values An amenity for office parks and workers Increased sales for retailers Shops near the Swamp Rabbit Trail in Greenville, SC, saw a 30-50% increase in sales
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Another local example: Urban Wilderness 42-mile recreational trail network linking 5 parks and 3 Civil War forts UTK researcher estimates annual economic impact between $15M and $25M per year Trail advocate has tracked at least $8M in residential real estate investments PR Web photo
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Lessons learned Working together as a region — sharing the costs, sharing the work Using the fiscal arguments to engage skeptical audiences — reach them where they are
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More resources For more on our regional partnership: www.smokymountainsgreen ways.org/aboutus.htm www.smokymountainsgreen ways.org/aboutus.htm For more on the economic benefits of similar projects: FHWA’s 2015 White Paper ̶ Evaluating the Economic Benefits of Nonmotorized Transportation (FHWA-HEP- 15-027) To contact me: ellen.zavisca@knoxtrans.org
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