"Research on toll roads in Tampa by Sisinnio Concas, a professor at the University of South Florida’s Center for Urban Transportation Research, found that the improved access delivered by new toll roads to neighborhoods in the suburbs of Tampa and Miami increased land and property prices in both areas by about 5 percent." Not all properties values are affected by freeways in the same way. Proximity to the freeway was observed to have a negative effect on the value of detached single-family homes, writes Jason Carey. In other words the Historic Heights Bungalow style homes would decline in value and blight would take over.
In a research paper for AZDOT, Impact of Highways on Property Values: Case Study of the Superstition Freeway Corridor, Jason Carey writes, "Highway users might expect to benefit from reduced travel time, reduced vehicle operating costs, and reductions in the frequency and severity of crashes." It appears the opposite is true. Instead of fewer crashes the Florida State Troopers reported 12,000 + crashes in a span of three years on the I-95 express lanes. In fact, March 5, 2011 "was the deadliest I-95 accident in Miami-Dade County for at least the past decade, according to an analysis of crash report by WLRN, Florida International University professor Jeffrey Onsted and The New Tropic." FDOT's express lane has received the ire of law enforcement. "Florida Highway Patrol Troopers are extremely reluctant to make any traffic stops in the express lanes, for fear of placing the motorists School Bus Crash on I-95 Miami Express Lane |
With these many safety concerns and loss of property values, the Tampa Bay Express Lanes are DOA.
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