Free Enterprise Forum’s Reality Check Report

Posted on May 28, 2009 by Jim Duncan

The Free Enterprise Forum’s “Reality Check” Report –

Charlottesville, VA – Albemarle County’s Places29 Master Plan for the North US 29 corridor under counts cost by over $175,000,000 (40.5%) according to the ‘Reality Check Report’ released today by the Free Enterprise Forum.

Using cost data buried on the back pages of Places29’s Technical Memorandum 11 and Federal Highway Transportation Administration (FHTA) historic cost data, the Free Enterprise Forum’s Reality Check Report generated a road inflation escalating trend line analysis. The land costs were increased by a similar historic trend line analysis of the Consumer Price Index (CPI).

About Jim Duncan

A Charlottesville Realtor who tries to stay on the bleeding/cutting/functional edge of technology and real estate trends. I have been selling real estate for the past 10 years, lived in C'Ville for twenty+ and am married to one of few Charlottesville natives left.
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  • Jim

    …and FEF’s answer for 29N is a bypass, which has been proven an even bigger waste of money. I’m not sure this lobbying group’s opinion has anyone in mind except the builders and developers that support it.

  • http://www.realcentralva.com Jim Duncan

    Jim –

    Thanks for the comment. I do not disagree with you entirely, but think that this report, as with any report, needs to be taken with the context in which it is presented. Any advocacy group has its biases.

    That said, do you agree or disagree with their findings?