|
Trinity River Project News
Archive
Low-speed parkway wins praise
A Trinity tollway may inhibit development, consultant says
The Dallas Morning News
June 17, 2001
Author: Victoria Loe Hicks
To get the biggest bang
for its buck in the Trinity River corridor, Dallas would have
been better off to stick with its original vision of a low-speed
parkway along the levees rather than the high-speed tollway now
being studied, a consultant hired to consider the project's
economic impact said Saturday.
"A true parkway probably would have the optimum beneficial
impact on adjacent land values," Patrick Phillips of Economic
Research Associates said during a community workshop on the
city's Trinity plan.
The switch from parkway to tollway was an attempt to speed the
road's construction by making it a project of the North Texas
Tollway Authority. The tollway agency determined that the road
would not generate enough money to pay for itself unless it was
a high-speed, limited-access highway similar to other regional
toll roads.
But motorists would not be able to turn off such a road directly
into the park the city plans to build between the levees near
downtown.
Instead of providing
entry into the park, the tollway would be a barrier between
adjacent neighborhoods and the park, critics contend. And that,
they say, would make the land on either side of the river less
attractive for residential, office, entertainment and retail
developments.
Although that view has validity, the equation is not simple, Mr.
Phillips said. In some areas, particularly near entrances and
exits, the tollway might spur economic activity. In others, it
might inhibit development by making the park less accessible.
The net impact has not been determined, he said.
"We're still wrestling with the issue of whether the road adds
value," he said.
That would depend partly on exactly where it goes. Five possible
alignments are under consideration, and each would affect the
river corridor differently.
The option preferred by a previous City Council has four lanes
on either side of the river, on the inner slope of the levees.
Other options would put all eight lanes on the downtown side,
inside the levee; four lanes on either bank, on the outside face
of the levees; eight lanes, plus service roads, where Industrial
Boulevard now runs; or eight lanes elevated above Industrial
Boulevard.
The Industrial Boulevard options would not impede access to the
riverside park, but they would be nearly twice as expensive to
build because they would displace many existing businesses.
What Economic Research Associates has not determined, Mr.
Phillips said, is whether the long-term economic benefits of an
Industrial alignment might outweigh the higher initial costs -
and how long "long-term" is.
"What we're thinking about now is the timing of the pay-out," he
said.
The park's potential economic benefits are relatively clear, he
said.
"A major linear open space is a huge value generator, huge," Mr.
Phillips said. "Those become the highest-dollar residential
areas and office addresses."
As examples, he cited Storrow Drive in Boston, Rock Creek
Parkway in Washington and Lakeshore Drive in Chicago -
greenbelts directly accessible from low-speed roads that
parallel them.
A high-speed tollway's
primary benefit, Mr. Phillips said, would be rather different:
improvement to traffic flow throughout the region. In the end,
he said, the City Council would have to decide what it values
more: regional mobility or local economic development.
"It's not the role of the economic consultant to make that
political decision," he said. "That's the council's role."
Economic Research Associates is among a team of consultants,
headed by the Dallas office of the engineering and planning firm
HNTB, that is studying the economic and land-use implications of
the river project.
Another firm, Halff Associates, is analyzing the environmental
consequences of the various tollway alignments.
The goal, said Mark Bowers, project manager for HNTB, is to
bring all the information together by the end of the year so the
City Council and the tollway authority board can decide which
alignment is best.
The council will vote on the matter, but the decision ultimately
will rest with the tollway agency.
|