President's Corner

January 2018 Building Opportunities for the Next Generation

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Illinois Releases 12-Year, $6 Billion Transportation Plan

Illinois released the details of its Transportation Plan for Fiscal Years 2014-2019, and it includes details for many projects of interest, from local roads and intersections to multi-billion dollar expressway and rail projects.

Chicago’s “Circle Interchange,” which links Interstates 90, 94 and 290 to Congress Avenue, will be started in 2014 with a budget of nearly $500 million dollars. It is expected to last for three years and will include the replacement of 20 structures in total, with six overhead roads and several connecting ramps.

The future of the Illiana Expressway is also laid out, with continued funding for the route study that is currently taking place, and an estimated construction start of late 2014. When this project begins, it is expected to take approximately four years to complete, as it will be a “greenfield” highway. The current plan has it connecting Interstates 57 and 55 in Illinois to Interstate 65 in Indiana. Funding is expected to come through public-private partnerships that would see private investors fund construction and recover costs by operating tolls along the road. The cost of this road is estimated at $1.25 billion.

Also included in this plan are projects in the CREATE (Chicago Regional Environmental and Transportation Efficiency) Program. CREATE modernizes passenger and freight rail lines, and several high-profile grade separation​ and bridge reconstruction projects have already come from this program. There is $3.2 billion in funding for CREATE set forth in this plan.

These are only a few of the larger initiatives detailed in the plan, but all projects are laid out in the official plan document, which you can access by clicking here.



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