The Federal Highway Administration granted approval for the proposed Illiana Corridor Friday, marking the end of the first stage for the massive project.
The next step for the transportation departments of both Illinois and Indiana will be to conduct studies into the specific route within the chosen B-3 Corridor, which connects Wilmington, IL to Lowell, IN and is depicted below:
From the Chicago Tribune: Despite the federal approval, the Illiana has no guarantee of being built because no state or federal funding is available. Officials hope to develop the highway as a public-private partnership.
Although known as the Illiana Expressway, the project likely would be a toll road. The latest estimated cost is $1.25 billion for the 47-mile project. The Illinois and Indiana transportation departments have been planning the Illiana for years. The highway has the strong backing of Gov. Pat Quinn, who believes it would spur economic development and create jobs.
Sever Storey has already held three seminars for affected landowners and anticipates having several more in the upcoming months.
If you think you may be affected by the Illiana Expressway and/or would be interested in a free Sever Storey speaking arrangement contact our attorneys at any time at 1-888-318-3761 or visit us on the web at www.landownerattorneys.com.
Full story here.
What are the unique issues that face commercial property owners in condemnation that can make all the difference?LEARN MORE
Landowners forget this one thing when dealing with utility companies that want an easement across their land.LEARN MORE
What you need to know to be treated fairly by the condemning authority.LEARN MORE
Before going alone against the State let us give you our opinion. It is our pledge that we will provide a free case review for any individual or business facing eminent domain or condemnation. Contact us now at 888-318-3761