Quote:
Originally Posted by tredici
What's the plan for the these ferries? I know that the region would like to have these going between Mobile and the Eastern Shore, but are Daphne and Fairhope and other cities actually planning to construct docking facilities to encourage the use of these boats?
I'm sure it's been discussed, but it's been so long I feel it needs to be reviewed on here
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Most of the funding for the ferries and terminals will come from federal subsidies according to the report I quoted above. The actual number is about 80% federal which leaves 20% for regional/local.
Also, a report cited in the MPR today predicts a 2.1% increase in employment per year in Mobile for the next 5 years. (second in Alabama behind Huntsville)
Here is the article:
http://blog.al.com/press-register-bu...pected_to.html
Mobile employment expected to grow more than 2 percent a year over next 5 years
Published: Wednesday, January 19, 2011, 5:16 PM
Updated: Wednesday, January 19, 2011, 5:20 PM
By Jeff Amy, Press-Register
Quote:
MOBILE, Ala. -- IHS Global Insight projects that employment will grow in Mobile by 2.07 percent a year between 2010 and 2016, ranking Mobile No. 73 among 392 urban areas examined by the economic forecasting firm.
Mobile is projected to have the second-fastest job growth among Alabama and Gulf Coast metro areas, trailing only fast-expanding Huntsville, whose 2.41 percent growth is expected to rank No. 30.
The Auburn-Opelika area is the only other Alabama urban area expected to exceed 2 percent annual growth, with its 2.05 percent projected growth ranking No. 79.
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