Chicago interchange project sees costs escalate

A huge jump in costs in threatening plans to build a new cloverleaf interchange in the Chicago area.
February 16, 2012 Read time: 1 min
RSSA huge jump in costs in threatening plans to build a new cloverleaf interchange in the Chicago area. The project originally was expected to cost US$580 million, however it is now likely to cost up to $700 million to construct. The interchange will provide a connection between the Tri-State Tollway and Interstate 57. But because of the massive increase in the expense of the project, it may no long meet requirements for federal funding. As a result, the existing financial plan may be declared void. Meanwhile as any federal funding that is offered has to be matched by local funding, there would still need to be a further $24 million of local funding, even if the existing financial support could be retained.

Related Content

  • Lima's massive $2 billion airport project
    March 4, 2025
    Peru’s capital, Lima, is to benefit from a massive new international airport, which will be one of the largest in Latin America – Mike Woof writes
    Read More
  • JMT and Parsons get a Nice Bridge contract in the US state of Maryland
    July 7, 2015
    In the US state of Maryland, a joint venture of Johnson, Mirmiran & Thompson (JMT) and Parsons Brinckerhoff has won a contract to replace the Harry W. Nice Memorial Bridge. The Maryland Transportation Authority awarded the $1 billion contract to replace the bridge, also known as the Potomac River Bridge and which was opened in 1940. The tolled 2.7km two-lane continuous truss bridge on US 301 spans the Potomac River between Newburg in Maryland and Dahlgren in the state of Virginia. Construction of the
    Read More
  • Mega city transport in Mexico
    June 13, 2012
    Rapid urban growth is resulting in massive mega cities with major transport needs and Mexico City is one of the world’s largest – Mike Woof reports Mexico City is a vast, sprawling metropolis and one of the world’s largest cities, resulting in huge problems for its inhabitants, particularly with regard to infrastructure. Measuring population size is an inexact science for large cities as suburban areas can add to the figures considerably, especially in developing nations where unplanned expansion is as comm
    Read More
  • $250 million for Oregon-Washington bridge replacement
    July 10, 2025
    Oregon and Washington will provide $250 million for the Hood River-White Salmon Bridge replacement.
    Read More

Highlighted Content