Comment on Study: Jefferson Parkway could inject $1.2 billion of economic life into Jeffco over 20 years

John Aguilar, Denver Post: Politics
Mon, 10/23/2017 - 7:00am

Study: Jefferson Parkway could inject $1.2 billion of economic life into Jeffco over 20 years

A newly released report says that completing the embattled 10-mile Jefferson Parkway would give a $1.2 billion jolt to Jefferson County over a 20-year period, a nearly 17 percent premium over what the area would receive without the highway. The report, conducted by Littleton-based Development Research Partners and shared with county officials last week, concludes that the proposed road would boost the amount of office and retail space in the parkway corridor from 2018 to 2037 to 7.6 million square feet from a projected 6.5 million square feet should the highway not be built. Jefferson County government would also benefit from an additional $25.8 million injection in tax revenues over those two decades — a 23 percent improvement over a non-Jefferson Parkway scenario, according to the report. “If we do nothing, it’s going to be horrific,” said Jefferson County Commissioner Don Rosier.

 

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