Published November 10, 2006 06:59 pm - Why is Interstate 69, between Evansville and Indianapolis, so important?
The highway will provide the opportunity for economic development to an area that lags behind the state and nation in job creation and personal income. When companies look to expand or relocate their operations, a key determining factor is the area’s access to interstates. Also, an interstate highway will increase safety and reduce travel times. The need for a connection between the state’s third largest city and the state capital was first identified in the early 1940s.
Toll Free Interstate 69 (Evansville to Indianapolis)
Frequently Asked Questions
Why is Interstate 69, between Evansville and Indianapolis, so important?
The highway will provide the opportunity for economic development to an area that lags behind the state and nation in job creation and personal income. When companies look to expand or relocate their operations, a key determining factor is the area’s access to interstates. Also, an interstate highway will increase safety and reduce travel times. The need for a connection between the state’s third largest city and the state capital was first identified in the early 1940s.
With the announcement that it will be a free highway, how will construction be financed?
The Indiana Department of Transportation (INDOT) has dedicated $700 million in Major Moves funds to begin construction of Interstate 69, approximately 1/3 of the project’s total cost. INDOT estimates these funds will build the highway from Evansville to Crane Navel Surface Warfare Center. If private investors pay a concession fee for the right to build the Indiana Commerce Connector, that fee could be used to help finish the remaining construction schedule of Interstate 69.
Does the federal lawsuit by Interstate 69 opponents impact the start of construction?
INDOT is continuing to move forward with its environmental studies and analysis to determine the exact location of the highway. Construction is expected to begin in the summer of 2008, unless the courts intervene.
When will the project be completed?
The original, earliest completion date was 2035. Using existing Major Moves funding and assuming a strong bid for the Indiana Commerce Connector, Interstate 69 is scheduled for completion in 2018.
What happens to the tolling authority the Indiana General Assembly authorized for Interstate 69?
Governor Daniels will ask the Indiana General Assembly during its 2007 session to transfer P3 tolling authority from Interstate 69 to the Indiana Commerce Connector project. The Indiana Commerce Connector can only be built if P3 tolling authority is granted.