Triple Bottom Line Analysis For Nashville Transit Plan
Wilmot studied and monetized the triple bottom line impacts of the Let’s Move Nashville transportation plan, helping to effectively communicate the plan and its benefits to Nashville residents.
For years, Nashville has been growing by roughly 100 people every day and has suffered increasing traffic congestion to prove it. Let’s Move Nashville was an ambitious, long-range transportation plan designed to address the city’s growing pains. The plan included light-rail and bus rapid transit as well as frequency and span of service improvements.
Wilmot evaluated the plan to ensure that the investment would set Davidson County on a path of sustainable growth years into the future. Let’s Move Nashville had numerous triple bottom line benefits including:
Greenhouse gas emissions,
Access to jobs, education and fresh food.
An economic impact analysis was also conducted to determine the added value to Davidson County’s economy in terms of jobs and labor income associated with the investment.
$4.8B in added wealth to the local economy
3,850 jobs supported per year
$7.2M in annual avoided air pollutant and greenhouse gas damages
$43M in annual travel time savings
$15.1M in annual health improvement benefits
Metro Public Works
Metropolitan Transit Agency
Triple bottom line cost benefit analysis
Economic impact analysis