Sinclair Black, an Austin, Tx. urban designer and architect proposed a “Cut and Cap” plan to the City Council that according to him will reconnect the East & West sides of Downtown Austin. They have agreed to a resolution that supports a full study on this project. Under his proposal the city would lower I-35 from MLK Jr. Blvd to River Street and build an urban blvd and park along the highway.
How does the public benefit from this over the next 25 years? The project would create 48,000 jobs, create an estimated $3.2B in new tax base, generate an estimated $929M new tax revenue, and generate an estimated $456 M in toll revenue
Check out the video below or read here for more info on the Cut & Cap proposal: