Economic Analysis

Pierce County commissioned an economic analysis in 2018 to learn more about the project’s benefits and effects for businesses and communities in the area.

Current conditions

  • Manufacturing, wholesale and distribution, transportation and construction are the most common industries.
  • Businesses and stakeholders are concerned about congestion during peak hours and conditions for large trucks.
  • The Canyon Road corridor is a key commuting route for people who live in Tacoma, South Hill, Lakewood, Puyallup and Spanaway.

Geographic area

  • Pierce County’s population is projected to grow at an average rate of 1.3 percent per year for the next 10 years.
  • Many freight trips start at the Frederickson manufacturing and industrial center and other businesses south of SR 512, while others come from King County.

How does this project benefit the economy?

Improve local and regional travel

Provides an alternative north-south transportation route.

Support job growth

Frederickson area alone could accommodate thousands of new jobs based on vacant and available land.

Accommodate future population growth

Improvements to a major commuter corridor would allow more people easier access to where they live, work and shop.

Support regional freight operations

Decreases travel times and reduces transportation costs for goods.

Save commuters money

Cuts distances to destinations for drivers, bicyclists and pedestrians.

Put money back into the local economy

Cost savings would support around 180 jobs and put $25.3 million back into the economy.

Businesses and organizations interviewed for this project agreed:

The Canyon Road East freight corridor is essential to the economic wellbeing and future growth potential of the manufacturing industrial centers and communities.