June 10, 2014
Governor Kasich to sign BSB bill in Cincinnati Wednesday
Ohio Gov. John Kasich will be in Cincinnati tomorrow to sign legislation advancing the Brent Spence Bridge Corridor Project. The bill-signing ceremony will take place at Paul Brown Stadium, located near the base of the bridge
The legislation Kasich is signing, House Bill 533, will allow for creation of a modern, cashless tolling system and update the laws governing ODOT’s public-private partnerships. Earlier this year, the Chamber came out in support of the bill and has long been an advocate for a bridge replacement due to the vital role it plays to the region’s businesses and economy.
“This bill would not have been passed without strong bipartisan support, in particular from legislators in Southwest Ohio, who collaborated to advance the bill and our region,” said Matt Davis, Director of the Build Our New Bridge Now Coalition. Davis also serves the Chamber as Senior Vice-President of Government Affairs.
The 50-year-old Brent Spence Bridge is a functionally obsolete span that carries more than 175,000 vehicles a day, more than double what it was built to accommodate. Each day, 40,000 trucks carry more than $1 billion in freight across the bridge. Daily backups on the bridge contribute to gridlock, lost productivity and dangerous, time-consuming commutes. Replacing the bridge is expected to cost an estimated $2.5 billion. Because of inflation, this cost increases $8 million for each month that construction of the bridge is delayed.
Brent Spence Bridge Fast Facts:
- Approximately $417 billion in freight crosses the bridge every year, equivalent to three percent of the Gross Domestic Product.
- The Brent Spence Bridge Corridor is a vital commerce connector to 10 states as far north as Michigan and as far south as Florida.
- Approximately 172,000 motor vehicles cross the Brent Spence Bridge daily.
- Motorists are three to five times more likely to have a wreck along the corridor than on any other portion of the interstate systems of Ohio, Kentucky or Indiana.
- Roughly 1.6 million gallons of fuel are wasted annually due to traffic congestion, which – under current bridge conditions – will increase to 5.7 million gallons per year by 2030.
- Traffic congestion on the Brent Spence Bridge costs an average of 3.6 million hours of delay for passenger cars every year.
Source: Ohio Department of Transportation