Orange County NC Website
'~, <br />.... 1~ . <br />INVESTMENT BY MODE <br />'+• <br />'I(/ <br />s urban regions grow and mature, the distribution of transportation investments <br />shifts. In rrcent years, the bulk of chr Triangle Region's transportation <br />spending has been for construction and expansion of its highway infrastructure, <br />with much of that dedicated to freeways. In the future, a larger portion of <br />funding must be dedicated to maintaining this infrastructure, and to completing <br />the local surface street net~ti•ark. Increasing urbanization also makes transit, <br />pedestrian, and bicycle in~•estments both more necessary and more cost- <br />effective. The Triangle Region's current transportation plans reflect this <br />shift of investments by mode, as do the plans of other growing, economically <br />competitive inetropalitan regions. The transportation strategy proposed for <br />the Research Triangle Region maintains this course?, emphasizing access :;nd <br />mobility through a balanced, integrated, multi-modal transportation system. <br />`" $4 <br />o $3 <br />$~ <br />.~ $ ~ <br />m $0 <br />TOTAL INVESTMENT <br />The package of capital improvecnents and transportation servicrs drscrihrd <br />abcwe represents a fatal additional investment of approximately ~ 1 U. l billion. <br />This figure includes operating and maintenance costs far all modes. Hullo <br />fundrd and implemented, the adopted Long-Rana~e Transpnrtarian Plans <br />plus the Regional Strategy combine to fatal a S 17.ii billion investment in <br />transportation infrastructure, operations, and maintenance by the year ?0? j. <br />On a per capita basis this level of investment is comparable with rho needs <br />identified by other large, rapidly growing metropolitan arras. I~urthrrmnrr, <br />flu actual implementation horizon may extend beyond ?S years. liven <br />sc~, such a massive program will dearly require tough choices among nre~ls <br />:lnd priorities. _ <br />-~zd on a "pay-as-you-go" program spread evenly over ?5 ~-ears, the <br />transportation needs identified in the Regional Strategy ~vc~uld reyuir~ <br />additional annual revenues totaling approximately X404 million. <br />13 <br />Freeways Surface Managed Transi[ Pedes[rian/ <br />5[reets Lanes Bicyele <br />