Tuesday, April 19, 2011
Trinity River Bridge
In an article about the new Trinity River suspension bridge various aspects of how the bridge got it's funding and the future plans for the bridge are discussed. The bridge project received a donation of $12 million dollars from Hunt Petroleum Company and the naming rights were awarded to their group. The overall cost of the project is estimated at $15 million dollars. Economically the bridge will most likely exceed the estimate. The bridge however offers the possibility, if used correctly, of bringing in funds to the city of Dallas for a long time to come. With added traffic to the area the city could use the bridge as a toll bridge which would create a continuous flow of income. The added accessibility to Dallas also will create a new flow of money. More people will possibly have incentive to go to the city because it's easier. The hypothetically larger number of people will generate a jump start into the recreational economy of Dallas. This new flow of money can possibly create jobs and help businesses grow. If there is success with the bridge adding to the flow of people to Dallas, investors will be driven to buy into new businesses opening with the new customer base.