E-470 marks its 25th anniversary with increasing traffic volumes, increasing revenues, and an expansion plan in the works.
The E-470 toll road recently hit its 25th anniversary at a time of high use, and high revenues. "But even as E-470 enjoyed its best year in 2015 and Wednesday celebrates its silver anniversary, longtime critics say the highway locks out too many local motorists who can’t afford its price tag," writes Monte Whaley.
A trip along the entire 47-mile expressway now costs $17.45, or $14 with an ExpressToll account. When the final phase of the route opened in 2003, the same trip cost $8.50. Some critics argue that cost of driving E-470 has betrayed the promise of trucks taking the route to bypass the city. For an 18-wheeler with five axles and no toll account, the entire route costs $69.50.
Yet, 2015 was the sixth year of growing traffic on E-470, which also increased net toll revenues to $173 million. The project's debt-income ratio even means that E-470 can "afford an $88 million expansion of the tollway between Parker Road and Quincy Avenue from two lanes to three in each direction."
FULL STORY: E-470 hits 25-year mark with more travelers and revenue
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Land Trusts Find Traction in the Spiking Colorado Housing Market
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Pennsylvania Mall Conversion Bill Passes House
If passed, the bill would promote the adaptive reuse of defunct commercial buildings.
World's Largest Wildlife Overpass In the Works in Los Angeles County
Caltrans will soon close half of the 101 Freeway in order to continue construction of the Wallis Annenberg Wildlife Crossing near Agoura Hills in Los Angeles County.
U.S. Supreme Court: California's Impact Fees May Violate Takings Clause
A California property owner took El Dorado County to state court after paying a traffic impact fee he felt was exorbitant. He lost in trial court, appellate court, and the California Supreme Court denied review. Then the U.S. Supreme Court acted.
Indy Bikeshare System Turns 10, Expands to E-Bikes
Pacers Bikeshare riders logged over 700,000 rides since the system launched in 2014.
Coming Soon to Ohio: The Largest Agrivoltaic Farm in the US
The ambitious 6,000-acre project will combine an 800-watt solar farm with crop and livestock production.
New York’s Deadliest Neighborhoods for Pedestrians
Pedestrian deaths rose last year, but remain below pre-2020 levels.
City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
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