Completing SR-167 could fuel job growth to the tune of $10.1 billion over the next 30 years, according to an economic analysis conducted by Berk & Associates and about to be released by the Washington State Department of Transportation (WSDOT).
The direct impact of the full extension, complete with I-5 interchange, is estimated at $940 million. The study estimates the indirect benefits--including economic development opportunities--to be even bigger, primarily from four additional areas of improvement:
- Operational support for greater volumes of container traffic through the Port of Tacoma;
- More efficient use of industrial land in the Puyallup Valley;
- Greater connectivity between Pierce County's urban centers--Tacoma and fast-growing cities like Sumner and Puyallup;
- Avoiding public investment in improvements to surface streets that will become overburdened if the highway is not completed.
Paul Ellis is lead staff for RAMP; an employee of the Tacoma-Pierce County Chamber, Ellis led the Pierce County Transportation Advisory Committee (PCTAC), the community's largest transportation planning effort.
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