Operating under the existing Intergovernmental Agreement between Charleston County, the SCDOT, and the S.C. Transportation Infrastructure Bank (SCTIB), in December 2015 the SCTIB adopted a resolution stating the following:
- Building the original full scope of the project is not possible without additional funds and the SCTIB will not allow the project to be partially constructed because it will “reduce the public benefits which were part of the original decision to commit the $420m.”
- The Board will reserve the balance of the $420 million in financial assistance for the Project subject to the following conditions being met by Charleston County:
- (a) on or before March 30, 2016, the Charleston County Council adopts a binding resolution in which it sets forth the County’s plan to fund, or secure funding for, the aforementioned shortfall for the Project from specified, dedicated revenue sources (other than the Bank) which plan is subject to review and approval by the Bank Board;
- (b) on or before April 30, 2016, Charleston County approves by a binding resolution or ordinance a new or amended Intergovernmental Agreement among the County, SCDOT and the Bank and any other related instruments requested by the Bank, all in a form and with contents the Bank determines are needed to implement the foregoing actions and protect the interests of the Bank;
- (c) before December 16, 2016, the Charleston County Council adopts and implements a legally enforceable ordinance acceptable to the Bank Board putting the aforementioned plan into effect and making those funds available for the Project on a schedule acceptable to the Bank Board.
The most recent cost estimate for the I-526 extension project is between $725-773 million. Only $420 million has been approved by the South Carolina Transportation Infrastructure Bank (SCTIB) and the Joint Bond Review Committee, and with this new referendum, the SCTIB will not provide the $350 million + required to complete the project – Charleston County cannot and should not either. Contact your legislator and County Council representative today to urge them NOT to agree to cost overruns for the I-526 extension project and instead, reallocate the funds to real priority projects in our region, like the I-26 corridor and the Main Road and US 17 intersection! Also, learn more about statewide transportation reform here.
About the Project
I-526 or the “Mark Clark Expressway” is an interstate loop in Charleston County that currently terminates at Savannah Highway in West Ashley and in Mount Pleasant. In June 2007, the State Infrastructure Bank (SIB) voted to fund the I-526 extension from the Savannah Highway terminus to the James Island Connector (SC-30). This 8 mile highway extension is estimated to cost at least $720 million dollars (originally $420 million) and save drivers only 36 seconds in travel time from West Ashley to James Island.
Rather than just saying “No” to this destructive project, the Coastal Conservation League hired Glatting, Jackson, Kercher, Anglin, a transportation planning firm to create a new alternative to this massive highway project. Our alternative, “A New Way to Work,” will resolve traffic congestion in major bottleneck areas, costs over 50% less that the State plan and create an enhanced public realm centered around the road networks. Due to limited dollars and resources, we continue to advocate beyond even our own alternative and for a comprehensive approach so that the projects of highest local and state priority are pursued before and instead of politically motivated projects like the I-526 extension.
A large interstate project would continue to promote automobile-dependent transportation across Charleston County and increase sprawl outside the urban growth boundary rather than repairing those transportation corridors closer to the urban core. The proposed expansion of I-526 places pressure on rural areas and natural resources and is an inefficient use of valuable coastal land. Specifically, the proposed alignment (Alternative G) cuts through neighborhoods, the James Island County Park and impacts 17.4 acres of wetlands.
Further, this affects the state of South Carolina because $420 million dollars comes from the State Transportation Infrastructure Bank. This is the funding entity for all projects of statewide significance and economic development and given the limited resources, by choosing to obligate funds to I-526, the state bank is choosing against funding improvements to the I-26 and I-85 corridors, funds from freight rail, and funds for new economic development like Boeing in North Charleston.
The South Carolina Department of Transportation has released their Draft Environment Impact Statement (EIS) with their selected alternative, a parkway concept, known as “alternative G”. SCDOT is in the process of finalizing the EIS. The “New Way to Work” alternative was eliminated during the selection process and the League is working with the Southern Environmental Law Center to address why this alternative was not studied more closely.
Charleston County Council ultimately accepted SCDOT’s preferred Alternative G. As residents and concerned citizens, you can let the DOT and Charleston County know that we do not need a major highway extension by making calls, writing letters and emails and by attending public meetings.
As new development continues to cluster around the I-26 corridor, we must also direct our attention to the important transportation planning in that area. Rather than extending two bridges to rural Johns Island and building an expressway through James Island, we believe funds should be dedicated for improvements to the I-26 corridor to address the growing needs and maximize the benefit of new industry such as Boeing and the Clemson Restoration Institute wind turbine facility. Mass transit, such as light rail, is an exciting opportunity for this area and should have priority in attention and funding.