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2045 Long-Range Transportation Plan Socioeconomic Forecast

2045 Long-Range Transportation Plan  Socioeconomic Forecast

Transportation helps connect people to the places where they live, work, and play – and reliable transportation is an important factor in improving quality of life for many residents across Hampton Roads.  Every five years, Metropolitan Planning Organizations (MPOs) are required to update the Long-Range Transportation Plan (LRTP), which serves as the blueprint for the region’s multimodal transportation system.  By forecasting population and employment changes, anticipated travel demand, and transportation revenues for the next twenty years, the LRTP is the planning tool designed to guide regionally significant transportation investments that will promote a well-balanced and well-connected transportation system for area residents.

The Hampton Roads Transportation Planning Organization (HRTPO), the MPO for the region, has begun work on updating the regional Long-Range Transportation Plan (LRTP) to the planning horizon year of 2045.  One of the first steps in updating the LRTP is to examine how the region may develop over the next twenty years based upon projected population and employment growth.  To accomplish this task, staff from the Hampton Roads Planning District Commission (HRPDC), along with HRTPO staff, developed a socioeconomic data forecast for each locality in the region.  The 2045 forecast includes estimates for population, households, employment by place of residence and by place of work, and passenger vehicles for the Hampton Roads region.

According to the forecast, population in Hampton Roads is projected to grow by roughly 300,000 persons to just over 2 million.  Regional employment by is projected to grow by 7.9%, increasing to over 1.1 million by 2045.

 

Also, as part of the 2045 LRTP, HRTPO staff will be employing scenario planning to investigate plausible alternate futures and their potential impacts on the transportation system.Looking ahead, the next steps in the development of the 2045 LRTP will be to allocate the locality socioeconomic data forecast to smaller geographic areas (Transportation Analysis Zones) that can then be used in the region’s travel demand model – a tool used by regional planners to forecast future travel.

Stay tuned as we develop the Hampton Roads 2045 Long-Range Transportation Plan!

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