The Cost-to-Benefit Analysis of Extending I-680 In Youngstown

Investing in Youngstown’s Future: A Cost-to-Benefit Analysis of Extending I-680

This is presentation a high-level analysis relating to Part II of the Imagine A Youngstown ideation series for economic resurgence—Revamping The Freeway. It is an expository overview of the cost-to-benefit analysis for extending Interstate 680 in Youngstown, Ohio and is meant for city planners, government officials, and residents alike.

As explained in the article Imagine A Youngstown Part II: Revamping The Freeway System, extending Interstate 680 from its current eastern terminus at Albert Street to connect with Interstate 80 promises to reshape our city’s economic landscape and enhance the daily lives of residents. For city planners and officials, this project offers a quantifiable return on investment; for residents, it’s a chance to see jobs, better transportation, and revitalized neighborhoods.

Here’s a detailed look at the costs, benefits, and long-term value of this initiative, presented in a way that bridges the technical needs of governance with the practical concerns of our community.

The Investment: Costs and Phased Execution

The proposed extension unfolds in three phases, with a total estimated cost ranging from $360 million to $465 million, averaging $412.5 million. Here’s how it breaks down:

Phase 1: Feasibility and Planning (2025–2027)

Cost: $10–15 million

This initial step funds environmental studies, GIS mapping, and public hearings—essential groundwork to secure federal grants and ensure compliance. For planners, it’s a low-risk entry point; for residents, it’s the promise of a transparent process that includes your input.

Phase 2: Initial Construction (2027–2030)

Cost: $150–200 million

This phase builds a 2–3-mile segment from Albert Street to SR 193, including an interchange and transit hub. At $50–70 million per mile (aligned with Ohio Department of Transportation and Federal Highway Administration norms), costs reflect Youngstown’s flat terrain and minimal land acquisition needs. Residents will see the east side open to freeway access, sparking early economic activity.

Phase 3: Full Extension to I-80 (2030–2033)

Cost: $200–250 million

Completing the 3–4-mile link to I-80, this phase adds interchanges at Tibbetts Wick and the I-80/SR 11 junction, integrating transit facilities. Higher costs stem from complex interchanges, but leveraging existing infrastructure keeps expenses manageable. For the city, this is the payoff; for residents, it’s a direct connection to eastern markets and opportunities.

This $412.5 million midpoint investment is significant, but strategic funding—such as federal grants covering 50% of Phase 1 and 20–30% of construction—could reduce local costs by $100–$150 million, easing the burden on Youngstown’s budget.

Direct Returns: Jobs, Taxes, and Transit

The financial benefits over a 10-year horizon are substantial, totaling $245–$719 million (midpoint: $482 million). Here’s what that means:

Job Creation: Construction alone generates $134.5–$313 million in wages (midpoint: $223.75 million). Phase 1 employs 50–100 planners and engineers; Phases 2 and 3 add 500–900 construction workers annually. With a 1.5–2 economic multiplier, this injects $201.75–$627 million into the regional economy. For residents, that’s paychecks for local families; for planners, it’s a stimulus to kickstart growth.

Tax Revenue: New development—2–3 logistics hubs and 5–10 businesses per interchange, plus 500–1,000 housing units—yields $3.75–$8 million annually ($37.5–$80 million over 10 years, midpoint: $58.75 million). City officials gain a revenue stream for schools and services; residents see revitalized east side streets.

Transit Gains: A 20% boost in Western Reserve Transit Authority (WRTA) ridership adds $100,000–$200,000 yearly, while reduced road wear saves $0.5–$1 million annually—totaling $6–$12 million over a decade. This means better bus service for residents and lower maintenance costs for the city.

Indirect Gains: Efficiency and Opportunity

Beyond direct returns, the project delivers $236.5–$485 million in indirect benefits (midpoint: $360.75 million) over 10 years:

Business Multiplier: New firms attract $50–$150 million in ancillary activity, amplifying the initial $25–$60 million investment. For planners, this diversifies the economy; for residents, it’s more local shops and services.

Time and Fuel Savings: Cutting 15–20 minutes off 5,000 daily commutes saves $5.6–$7.5 million in time and $3–$6 million in fuel yearly ($86–$135 million total). Residents get shorter trips to work or Sharon, PA; officials see less road congestion.

Transit Accessibility: 10,000–20,000 carless residents gain job access, boosting wages by $100–$200 million over 10 years. This lifts families out of poverty and fills city coffers with productive workers.

Quality of Life: The Intangible Value

Numbers tell part of the story, but the human impact is just as critical. Reduced commute stress, easier access to Youngstown State University, healthcare in Sharon, and downtown recreation enhance daily life. The east side, long underserved, sees equitable revitalization—empty lots turn into homes and businesses, aligning with the “Imagine A Youngstown” vision. For residents, it’s a city that works for you; for planners, it’s a competitive edge over Akron or Erie.

The Bottom Line: Benefit-Cost Ratio

Combining direct ($482 million) and indirect ($360.75 million) benefits, the project delivers $842.75 million in value over 10 years against a $412.5 million cost. This yields a benefit-cost ratio (BCR) of 2.04—every dollar invested returns $2.04 in economic and social gains. The range spans 1.5 (conservative) to 2.7 (optimistic), but even the low end exceeds the Federal Highway Administration’s threshold of 1 for viable projects. Over 20 years, benefits could climb to $1.5–$2 billion, pushing the BCR to 3–5 as development matures.

Risks and Resilience

No investment is without risks. Delays or cost overruns could inflate expenses, and slower-than-expected growth might trim benefits. Yet, the phased approach mitigates this—each stage builds on the last, allowing adjustments. Federal funding offsets and public-private partnerships further bolster fiscal resilience, ensuring Youngstown’s investment pays off.

A Vision Worth Supporting

For city planners and officials, extending I-680 is a fiscally sound strategy: it covers costs within a decade, generates revenue, and positions Youngstown as a logistics hub. For residents, it’s more than numbers—it’s jobs in your neighborhood, shorter drives to work, and a revitalized east side where families can thrive. With a BCR of 2.04 and growing, this isn’t just an expense; it’s an investment in Youngstown’s economic health and your quality of life. Keep in mind that FHWA considers BCR greater than 1 as a viable project.

Together, we can and should make it happen.

Write a comment