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Indiana officials have identified four developer teams for its short list to build and operate the Indiana portion of the proposed Illiana Expressway on Friday. The 47-mile tollway would connect Interstate 65 in Indiana to Interstate 55 in Illinois.
The teams announced Friday are:
The Illiana Corridor Transportation Group
Illiana East Mobility Partners
Isolux Infrastructure Netherlands B.V.
WM Indiana-Illiana Partners, LLC.
Those four were culled from six teams that applied to a recent Request for Proposals for teams to design, build, finance, operate and maintain the road.
The cost of the highway is estimated at $1.5 billion, with Indiana’s 12-mile stretch expected to be around $300 million. Indiana and Illinois officials are using a public-private partnership to finance the project saying it will speed construction.
The Indiana Department of Transportation also included the widening of a 12-mile stretch of I-65 between U.S. 30 and Ind. 2, in its call-out for proposals to make it more attractive for private investors.
The Indiana Finance Authority and the Indiana Department of Transporation will meet with the teams over the next few weeks to discuss their ideas and the procurement process. Procurement for the Illinois portion is being handled by the Illinois Department of Transportation.
A final Request for Proposals will be issued this summer after federal officials grant environmental approval.
Construction on the road is anticipated to start in the late spring of 2015.
With the Illiana Corridor Transportation Group proposal, ACS Infrastructure Development, Inc. and Fengate Capital Management Ltd. would finance the project; Dragados USA, Inc., F.H. Paschen, S.N. Nielsen & Associates, LLC, and William Charles Construction Company, LLC would serve as lead contractors; Jacobs Engineering Group, Inc. would lead the engineering; and Illiana Corridor Transportation Group would operate and maintain the road.
ACS, which is headquartered in Spain, handles a variety of civil engineering, building and mining projects in Europe, South America, Australia, and the U.S.
In the Illiana East Mobility Partners proposal, Cintra Infraestructuras, S.A. would finance, operate and maintain the road, while Ferrovial Agroman US Corp and White Construction, Inc. would serve jointly as lead contractors, and Janssen & Spaans Engineering, Inc. would handle the design and engineering.
Spain-based Cintra operates the Chicago Skyway and Indiana Toll Road, as well as thousands of miles of other roads in North America and Europe.
In Isolux’s proposal, the company would finance, operate and maintain the road, while Corsan-Corviam Construccion, S.A. would serve as lead contractor and a joint venture of AZTEC Engineering Group, Inc. and TYPSA would be the lead engineering firm.
In mid-February, the Indiana Finance Authority chose Isolux to design, build, finance, operate and maintain a stretch of Interstate 69 between Bloomington and Martinsville. It also operates toll roads, power lines and solar farms in the United States, India, Europe and South America.
In WM Indiana-Illiana Partners, LLC’s proposal, Meridiam Infrastructure Illiana IN, LLC and Walsh Investors, LLC would finance the project, Walsh Construction Company II, L.L.C. would serve as lead contractor, Parsons Transportation Group would be the lead engineering firm, and WM Indiana-Illiana Partners, LLC would handle the operations and maintenance.
Chicago-based Walsh Construction handled the reconstruction of the Dan Ryan Expressway as well as other road, airport and building projects across the U.S.
Full story here.
If you think you may be affected by the Illiana Expressway and/or are interested in a free consultation, contact our eminent domain landowner attorneys at 1-888-318-3761 or visit us on the web at www.landownerattorneys.com.
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