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NC 54 / 1-40 C0RRIDGR STUDY <br /> EXECUTIVE SUMMARY 7 <br /> higher density development typically increases the return on investment and the development community <br /> depends on good access to support their projects. If development is overly constrained in the corridor <br /> despite market demand, growth will continue to occur elsewhere at lower densities in the nearby parts of <br /> the region and people will still need to reach the corridor, primarily by automobile. <br /> The traffic projections for the MPO's adopted 2035 Long Range Transportation Plan -- without the nodal <br /> development plan in the NC 54 corridor—show that major capacity improvements to NC 54 and 1-40 will <br /> be needed. Higher densities also enable developers to incorporate a greater percentage of workforce <br /> housing into the development program, helping to shorten trip lengths and creating more purchasing power <br /> for those residents who can effectively lower both housing and transportation costs. <br /> Figure ES-7: Recommended Corridor Land Use Concepf <br /> Proposed <br /> light rail line <br /> &stations <br /> Recommended C <br /> Land Use <br /> Concept <br /> Ephesus Ch <br /> urch Road <br /> A� <br /> r <br /> f <br /> s <br /> LEGEND <br /> r <br /> l .. <br /> r <br /> Mixed-Use 1 ....,.F .►.w ►+i <br /> Lei h <br /> Mixed-Use 2 <br /> Residential] "* <br /> Residential 2 r As <br /> Employment <br /> Unchanged from Existing <br /> OWrrig31 A ° <br /> • Ca, a Circle- E nnbri <br /> n <br /> Proposed .`�� 4F <br /> Light RaR <br /> r Fa�"Ecor►bri�; <br /> 4 <br /> r' <br /> AUGUST 2010 DRAFT FINAL REPORT 4 <br />