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The Economic Impacts Of The Restoration Of Schell Bridge, Henry C. Renski, Kim Mckee
The Economic Impacts Of The Restoration Of Schell Bridge, Henry C. Renski, Kim Mckee
Center for Economic Development Technical Reports
The proposed restoration of the Schell Memorial Bridge as a pedestrian and bikeway connector would have a significant positive economic impact on the community of Northfield and Franklin County, Massachusetts.
Under conservative assumptions of construction and new visitor expenditures, a rehabilitated Schell Memorial Bridge would have a total annual economic impact close to $15 million dollars over its first 10 years of operation. Roughly 57% of these impacts would come from the roughly 13,000 additional visitors coming to Franklin County each year. The rest would come from construction, ongoing maintenance, and the expansion and upgrading of recreational trails connecting to …