Ohio: On the Road Again to
Economic
Recovery
By Jerry Wray
Governor
John R. Kasich recently
announced a Jobs and Transportation Plan that includes more than 40
major road
construction projects across the state that the Ohio Department of
Transportation plans to build over the next six years.
These projects will improve motorist safety,
reduce congestion on our highways, add capacity, and improve our
state’s
economy. All told,
ODOT plans to spend
nearly $3 billion on these projects.
It
is estimated that for every billion dollars spent on our transportation
infrastructure, 30,000 jobs are created.
The
Ohio General Assembly’s passage
of the state’s $7.6 billion two-year Transportation Budget, which
Governor
Kasich signed into law in April allows the newly renamed Ohio Turnpike
and
Infrastructure Commission to seek an estimated $1.5 billion in bonds
backed by
future revenues to finance additional transportation projects. The bill
says
the projects must have a “nexus” with the turnpike and must be within
75 miles
of the turnpike. Projects considered for Turnpike funding must first be
approved by ODOT’s Transportation Review Advisory Council, or TRAC. The
TRAC
approves all major new capacity projects over $12 million. Following
TRAC
approval, the projects then must be approved by the Ohio Turnpike and
Infrastructure Commission before they move forward. Under the plan
recently
unveiled by Governor Kasich, all of the projects that will be funded by
this
revenue stream will meet that definition.
As
a result of this innovative
legislation, projects that were once delayed for more than a decade
will
actually get built in the next few years.
Examples include Cleveland’s $324 million
Opportunity Corridor that will
link the city’s University Circle business district with Interstate
490. It
will also fund the second $340 million Innerbelt Bridge project on
Interstate
90 over the Cuyahoga River in downtown Cleveland.
Other projects that will move forward
include:
•
Two projects to widen I-271
in Summit and Cuyahoga counties
totaling nearly $200 millio
•
Adding lanes to I-80 through
Mahoning and Trumbull counties at over $115 million
•
Reconstructing portions of I-76
and I-77 in Summit County at almost $100 million
•
Reconstructing parts of I-75 at
I-280 and I-475 in northwest Ohio at over $250 million
•
Widening and reconstructing the
I-71/I-70 interchange in Franklin County for more than $325 million
•
Construction of a new interchange on I-71 at
MLK Boulevard in Hamilton
County for $107 million
These
are just a few examples of
the more than 40 major new capacity projects recently announced by Gov.
Kasich. All of them
will make Ohio’s
transportation system one of the finest in the world. Together, they
will make
our state a better place to do business and create jobs. They will also
make
our system safer and help reduce congestion.
This is the largest investment in our
transportation system Ohio has
ever made. If not for the changes in how we do business outlined in the
Transportation Budget, many of these projects would wait for decades to
get
built, or not get built at all. Yet our communities depend on these
projects.
They both want and need them. They
are
critical to our state’s recovering economy and will help Ohio continue
to create
and maintain jobs.
Jerry
Wray is the Director of the
Ohio Department of Transportation
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