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Associated Construction Publications
I-70 Widening Project
Economic and Market Analysis – Columbia, Missouri
Anderson Economic was commissioned by The Economic Development Research Group of Boston to study the effects of widening the I-70 freeway in Columbia Missouri. The EDR group requested that AEG complete an analysis of the possible relocation of businesses that were to be demolished during the freeway construction project.
The Missouri Department of Transportation, with the assistance of several consulting firms, is currently preparing plans for the future widening and reconstruction of I-70 across the state from St. Louis to Kansas City. In Columbia, MoDOT has determined that widening I-70 in its present location is the best course of action based on traffic projections and input from a citizen advisory group and the general public.
Anderson Economic Group provided a detailed analysis concerning the impact of widening the I-70 freeway in Columbia, Missouri . The widening project will affect businesses in the right-of-way of the freeway. These businesses will be displaced and special consideration was given regarding the relocation viability of the businesses. The analysis placed special emphasis on how the project would impact employment by category, relocation concerns, and appraisal values in the study area.
AEG presented the findings of the report to the City of Columbia and they used our analysis to minimize the impact of the widening project on existing businesses.