This week a new section of the Triangle Expressway (TriEx) opened, leading to Holly Springs and Fuquay Varina. The tolls for a ride on the TriEx are a few bucks each way.
I got to wondering today if one of the attractions for a company locating in RTP is the abundant free parking. Companies might think that amounts to a better deal but then someone has to build bigger roads to serve RTP commuters and someone has to pay for those roads. Up until the TriEx, all of us taxpayers paid for roads. Now those who use the TriEx will pay for it, and those tolls add up.
It seems to me that it’s all around cheaper to locate in an urban setting, where the infrastructure is already equipped to handle things. Sure, no one likes to pay parking fees but what about the time wasted sitting in traffic, and the tolls that accumulate? Aren’t RTP commuters trading their parking fees for tolls and wasted time?