In the latest episode of our webinar series, WGI’s Director of Mobility, Ravali Kosaraju, PE, PTOE, and Engineer, Ashley Orr, PE, shared their insight with attendees as they broke down the complexities of SIF and provided guidance on how to avoid the common mistakes that can catch developers off guard financially and cause project delays.
Ravali and Ashley go into detail on the concepts behind Street Impact Fees (SIF) and why many cities in Texas are adopting them when new developments arise in order to fund the needed roadway capacity improvements.
They also covered the hot topics of when a Traffic Impact Analysis (TIA) would be required for new development projects, the vehicle trips per day needed to meet that threshold, and even disclosed how you may be able to waive TIA requirements when paying a SIF.
If you missed the live session and want to dive deeper into the complexities of Street Impact Fees, you can watch the full session here:
Do you have questions about what the SIF costs look like for single-family, multi-family, or commercial uses? We can help! Contact us today to speak with one of our engineers about your project.
