Indy Connect Phase 1 would deliver 7,000 jobs,
$1.5 billion in worker pay
Jen Thomas, firstname.lastname@example.org, 317-441-2487
INDIANAPOLIS (April 18, 2013) — The first phase of the Indy Connect plan for improved mass transit in Central
Indiana would create more than 7,000 jobs paying $1.5 billion to workers in its
first 10 years, according to a study commissioned by the Indianapolis
Metropolitan Planning Organization.
7,182 jobs estimated to be created during the project’s development and initial
years of operation, 3,809 would be construction-related jobs and 3,373 would be
permanent jobs, according to the study conducted by Morris, Lloyd &
Associates LLC .
3,809 construction-related jobs, 1,579 would be direct, and 2,230 would be
indirect. Of the 3,373 permanent jobs, 2,212 would be direct and 1,261 would be
“These job impact results are consistent with other studies, showing
how transit impacts the economic development of a region,” said Anna
Tyszkiewicz, Executive Director of the Indianapolis Metropolitan Planning
and operating the first phase of the Indy Connect plan would pump $3.8 billion
into the economy from 2015 to 2025. The majority of that total – $2.3 billion –
would be related to permanent operations, while $1.5 billion would be related
to construction of the system.
exciting as these numbers are, they only consider the impact of the
construction and development of the system itself,” Tyszkiewicz said. “These numbers don’t include the impact of
neighborhood development and other economic activity that will result from an
improved transit system.”
its study, Morris, Lloyd & Associates considered the impact of the Indy
Connect plan on Marion County and the eight surrounding counties. The research
complements two other recent studies – by the Ball State University Center for
Business and Economic Research and HDR Inc. The Ball State study released in
January 2013 found that for every $1 invested for local transit, $3 would be
returned to the local economy, and HDR’s Benefit Cost Analysis from Nov. 2011 found
that Phase I of the Indy Connect plan specifically would have a 11.2% internal
rate of return (IRR) to the economy with a total benefit cost ratio of 2.0.
View Economic Impact Fact Sheet
Connect is a partnership of the Indianapolis
Metropolitan Planning Organization (MPO), the Central Indiana Regional
Transportation Authority (CIRTA) and IndyGo. For more information on the
Indy Connect plan, visit us at www.indyconnect.org, or
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