Economic Impact - Hoosiers for the Corridor

Overview

The Mid-States Corridor emerges as a pivotal connection bridging major cargo airports across the United States while also serving as a linchpin for regional freight distribution. Its establishment promises substantial economic advantages, not only to the region but also to the broader state of Indiana.

The Mid-States Corridor will help provide regional prosperity for future generations

Increases in economic activity

Reduction in congestion and transportation delays

Improved access for other modes of transit

Decreased costs for freight movement

New employment opportunities

Safer, Alternate I-65 Route

Environmental improvements to impacted communities

Eliminate Narrow Shoulder Road Travel

Decrease traffic congestion

Reduce Commute Time

Increase overall quality of life for the region’s resident

Map of proposed Hoosiers for the Corridor

Projected Economic Return on Investment

Dubois and Spencer Counties have a combined GDP of $4 billion annually.
Mid-States Corridor is estimated to generate:
- $1 billion per year in new spending for Dubois and Spencer Counties.
- $32.5 billion over 30-year projection.
- $4.3 million per year in local taxes.
- $1 million per week in savings on vehicle maintenance and gas for Dubois and Spencer Counties.
- 50% reduction in accidents in Dubois County, leading to $9.3 million in annual savings.
Mid-States Corridor will provide access to larger markets for talent, goods, services, and tourism.
7,000 additional jobs supported by the Mid-States Corridor.

Research Fuels Strategic Choices

Economic impact research studies are essential for assessing potential costs, benefits, and impacts to the region. The initial research provided valuable insights to inform decision-making processes, facilitate community engagement, and ensure implementation of infrastructure to maximize economic and social benefits while minimizing adverse effects. Downloads provide insights regarding the following research content: