The Freight Mobility Strategic Investment Board (FMSIB) recently released its annual report, highlighting the six projects completed in 2020 and eight currently underway.
FMSIB, established in 1998, is responsible for identifying and ranking construction projects designed to improve freight mobility by reducing traffic conflicts. The Board leverages money provided by the Legislature to attract funding partners and complete
freight projects: in the last 22 years, FMSIB invested $331 million of state funds in 81 projects and leveraged $2.1 billion in asset value. Each dollar FMSIB invests in freight mobility generates at least $6.40 in additional port, federal, state,
county, city, and private sector funding.
Several FMSIB projects, completed in 2020, have let to positive net impacts for city freight systems, including:
- City of Fife/Port of Tacoma Interchange Project (Phase 1): providing exit ramps to connect to a signaled intersection, thereby reducing freight queues when entering and leaving Port of Tacoma Road.
- City of Seattle, South Lander Street Grade Separation: connecting east and west portions of Seattle’s SODO neighborhood and providing access between regional transit hubs and employment centers.
- City of Spokane Valley, Barker Road Corridor Widening Spokane River to SR 290 (Phase 1): improving safety at railroad crossings by separating vehicle traffic from train traffic in the 42-mile corridor between Spokane, Washington and Athol, Idaho.
For more details regarding completed and ongoing projects, visit FMSIB’s project portfolio. To view the full report, click here.