To: BobL
($7.2 Billion is LOT of money).I certainly wouldn't invest any of my money in such a project. Most of the tollways around urban areas such as Dallas, Houston and Atlanta seem to make more sense economically (although the Hardy toll road would make more sense if it actually went anywhere).
20 posted on
12/16/2004 8:08:55 PM PST by
PAR35
To: PAR35
"I certainly wouldn't invest any of my money in such a project. Most of the tollways around urban areas such as Dallas, Houston and Atlanta seem to make more sense economically (although the Hardy toll road would make more sense if it actually went anywhere)."
Exactly - the key is to have a monopoly or a captive audience if you want to make money in this business. If you don't have one or the other, you will lose your shirt. In this case, the company doesn't appear to have either - which is why it would be a really good idea for people to review exactly what our Governor is committing this state to (maybe a guaranteed return on investment - who knows?)
24 posted on
12/16/2004 8:21:08 PM PST by
BobL
To: PAR35
although the Hardy toll road would make more sense if it actually went anywherePerspective, I guess. I use the Hardy Toll Road nearly every time I go down to Houston, since more often than not I'm hearing traffic reports of an accident on I-45, and it flows far better even during rush hour. BTW, the tollway authority is about to start construction to extend it from I-610 to downtown, which will further increase its utility. Should be done within 5 years.
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