Cool Springs Multimodal Transportation Study JUN_2015_Final Cool_Springs_Report | Page 10

What is the Need for the Proposed Action? Cool Springs has been experiencing significant population and employment growth over the last 20 years and is now a major employment and retail center for the Middle Tennessee Region. The Cool Springs area includes several luxury hotels, shopping centers including the Cool Springs Galleria, business parks, office buildings, big box retailers, and single and multi-family housing. Major corporations including Community Health Systems (4,300 employees), Williamson Medical Center (1,440), Healthways (1,160 employees), Nissan (1,600 employees) and Verizon Wireless (1,300 employees) have their North American or state headquarters within the Cool Springs study area. Employment is projected to grow between 2012 and 2040 by 69%. Currently, there are very few alternatives to single occupant vehicle travel in the Cool Springs area. To accommodate future growth in the area, a robust, sustainable set of mobility options needs to be considered to address the increasing congestion in the corridor and to further enhance the economic development and land use opportunities. The following contains a description of the transportation problems that will be addressed as a result of the pr oposed action: • Need to Reduce Roadway Congestion in the Cool Springs Area: Congestion on the roadways continues to increase as new office, retail, hotel and residential developments continue to be built. In order to maintain an acceptable level of service (LOS) given future (2025) traffic projections, several intersection and roadway improvements are needed, including widening Carothers Parkway from four to six lanes. The introduction of a range of multimodal options is expected to delay or prevent the need for roadway widening. • Need to Provide Increased Mobility Options for Employers and Employees: Today there are very limited transportation options to access Cool Springs destinations. Employees travel from several locations both within and outside the City of Franklin. Multimodal solutions are needed to address the growing need of employees to get to their place of employment. These solutions need to address not only the work commute but also provide alternatives for travel during the day, including the lunchtime hour. 4 • Need to Support Economic Development Opportunities in the Corridor: Cool Springs has developed into a regional and national employment and retail center. The transportation infrastructure is already stressed in its capacity to support future growth. Without solutions, there is a potential negative impact on future economic development. • Need to Protect the City of Franklin’s Quality of Life: Environmentally friendly solutions are important to protect the City of Franklin’s quality of life and the residents and employees living and working in Cool Springs. “Green” transportation solutions that support active and healthy lifestyles are important to the region. Cool Springs | Multimodal Transportation Network Study