U.S. route 83 passes through the village of Burr Ridge, IL. The engineers of the Transportation Department have proposed constructing a new highway through existing farmland to bypass the city for use by through traffic. The new bypass would however entail an initial construction cost of $40 million and an average annual maintenance cost of $50,000. a) List all major positive impacts that this project could have on the downtown area. b) What are the major negative impacts that this project could have on the downtown area? c) List all major positive impacts that this project could have on the areas near the proposed bypass.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter32: The Land Market And Natural Resources
Section: Chapter Questions
Problem 10E
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U.S. route 83 passes through the village of Burr Ridge, IL. The engineers of the Transportation Department have proposed constructing a new highway through existing farmland to bypass the city for use by through traffic. The new bypass would however entail an initial construction cost of $40 million and an average annual maintenance cost of $50,000.

a) List all major positive impacts that this project could have on the downtown area.

b) What are the major negative impacts that this project could have on the downtown area?

c) List all major positive impacts that this project could have on the areas near the proposed bypass.

d) List all major negative impacts that this project could have on the areas near the proposed bypass.

 

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