T.F. Green Airport Improvement Program - FEIS Chapters - PVD

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T.F. Green Airport Improvement ProgramEnvironmental Impact Statement and Final Section 4(f) Evaluationservice businesses). 347 Based on the 2015, 2020, and 2025 forecasts, the increased airport activity due to theproposed Improvement Program is expected to generate an additional 341 jobs in the City of Warwick in 2015, noadditional jobs by 2020 and 391 more jobs by 2025. For the City of Warwick, activity in all sectors would result in adirect gain of $6.2 million in wages and $20.0 million in business revenues in 2015 and $7.0 million in wages, thesame in 2020, and $22.7 million in business revenues by 2025. Additional gains would accrue to the City ofWarwick through multiplier effects, as well as to Rhode Island as a whole. Overall, it is estimated that this growthcould create additional property tax revenue for the City of Warwick due to the commercial space demandsanticipated (approximately 117,000 square feet in 2015 increasing to approximately 134,000 square feet in 2025based on current vacancy rates).Total Aviation ImpactsThe increase in aviation activity associated with Alternative B4 would provide opportunities for aviation-relatedbusiness activity (such as warehouse, repair services, retail services for additional airline and airport employees) andother air-reliant businesses (such as manufacturers, universities, research and development organizations, andservices businesses) as seen along Post Road as a result of previous airport expansions. These impacts wouldmoderate jobs lost due to commercial land acquisitions associated with Alternative B4. Table 5-56 summarizes thetotal economic impacts for Alternative B4.Table 5-56Aviation Activity: Related Total Economic Impacts (Gains) in the City of Warwick and State ofRhode IslandAlternative B4 - Total Economic Impacts (Annual) 1Type of impact 2015 2 2020 3 2025 4City of WarwickTotal Impacts to Jobs 796 797 873Total Impacts to Personal Taxable Income $24,936,000 $24,908,000 $27,021,000Total Impacts to Taxable Business Revenue $64,240,000 $63,328,000 $69,961,000State of Rhode IslandTotal Additional Jobs 1,810 1,813 1,967Total Impacts to Personal Taxable Income $53,089,000 $53,104,000 $57,416,000Total Impacts to Taxable Business Revenue $135,964,000 $135,998,000 $147,538,000Source: ADE, IMPLAN, Rhode Island Airport Economic Study (Wilbur Smith Associates, June 2006), RIDLT.1 Includes direct and indirect impacts from on-Airport business activities, visitor spending, and development of spin off-Airport-related business in the City.2 Represents the total economic gains (jobs, taxable income and taxable business revenue) generated in 2015 as a result of the Build Alternative.3 Represents the total economic gains, including those already created in 2015 as a result of the Build Alternative (i.e., there would be one additional job created in2020 over 2015).4 Represents the total economic gains, including those already created in 2015 as a result of the Build Alternative (i.e., there would be 77 additional jobs created in2025 over 2015 and 76 additional jobs created in 2025 over 2020).347 The Airport Development Economics Model (ADE-2) was used to determine direct off-airport increases in business activity due to the implementation ofAlternative B2 or B4. In addition to the 2020 and 2025 Analysis Conditions, the model relies on the local mix of industries, land use and both economic andpopulation growth rates.Chapter 5 - Environmental Consequences 5-96 July 2011\\mawatr\ev\09228.00\reports\FEIS_Final_July_2011\PVD_CH05_Environmental_Cons_JUL_2011.doc
T.F. Green Airport Improvement ProgramEnvironmental Impact Statement and Final Section 4(f) EvaluationGiven the additional flight operations under the 2015, 2020, and 2025 scenarios, by 2025 approximately 873 jobswould be created in the City of Warwick and 1,967 jobs throughout Rhode Island, with the bulk being generatedby new on-Airport spending. Under Alternative B4, cumulative gains within the City of Warwick between 2015and 2025 would reach $276.2 million in personal taxable income and $707.8 million in taxable business revenues.Business and Employment Impacts – 2015 and 2020This section summarizes the direct impacts to businesses and employment due to commercial land acquisitions forconstruction (mandatory) and indirect impacts to the community associated with Alternative B4. No businesseswould be displaced for the FAA-recommended RPZ clearing or under a Future Build VLAP because business usesare not considered incompatible land uses with predicted noise levels. Table 5-57 summarizes the displacedbusinesses and jobs lost associated with commercial property acquisitions due to mandatory construction.Table 5-57Alternative B4: Economic Impacts (Losses) in 2015 due to Business Displacement for Construction(Mandatory)Total AffectedType Business Businesses 1 Square Feet JobsAgriculture 0 0Health Care 0 0Manufacturing 1 8,021 7Other Services 3 3,476 6Restaurant 3 12,292 34Retail 2 6,056 5Warehouse 3 9,371 7Total 12 39,215 59Most Threatened Businesses 2 Personal Taxable BusinessType Business Businesses 1 Square Feet Jobs Taxable Income RevenuesAgriculture 0 0 0 $0 $0Manufacturing 1 8,021 7 ($302,000) ($1,428,000)Warehouse 2 9,371 7 ($227,000) ($385,000)Total Direct Impacts NA NA 14 ($529,000) ($1,813,000)Total Impacts in Warwick 3 NA NA 23 ($1,027,000) ($3,243,000)Total Impacts in RI 4 NA NA 28 ($1,308,000) ($4,031,000)Sources: City of Warwick Assessors Data Base and site visits to document number of businesses, Dunn and Bradstreet, Urban Land Institute and Energy InformationAdministration to estimate direct employment. RI Department of Labor and Training to calculate wages per job. IMPLAN modeling package calibrated for Warwickand Rhode Island to estimate total impacts. EDR Group.Notes: All displacement due to construction would occur in 2015 due to Runway 16 and the Partially Relocated Airport Road. Subsequent acquisitions are of small partsof parcels that do not affect the businesses and jobs that may be located on them. NA No building square footage is associated with property (i.e., the lot of acar rental place), or no businesses or jobs are associated with square footage.1 Businesses displaced due to land acquisition of commercial properties for all program elements.2 Businesses and jobs unlikely to relocate within the City of Warwick due to limited vacant and developable industrial lands.3 Total Impacts include direct and indirect impacts using multiplier effects.4 Total Impacts in Rhode Island include total impacts in the City of Warwick.Based on anticipated acquisitions for Runway 16 and Partially Relocated Airport Road, Alternative B4 would resultin an anticipated loss of parcels including 12 businesses and 59 jobs. Unlike Alternative B2, Alternative B4 would notChapter 5 - Environmental Consequences 5-97 July 2011\\mawatr\ev\09228.00\reports\FEIS_Final_July_2011\PVD_CH05_Environmental_Cons_JUL_2011.doc
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