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Study for Move Illinois 294/57 interchange finds $500M+ in development and more than 6,000 jobs since 2020
Summary
The Planning and Development Oversight Committee of the Toll Highway Authority, Illinois State heard a presentation April 17 on an economic-impact study of the 294/57 interchange that concluded the project has coincided with substantial local development, new jobs and higher assessed values.
The Planning and Development Oversight Committee of the Toll Highway Authority, Illinois State heard a presentation April 17 on an economic-impact study of the 294/57 interchange that concluded the project has coincided with substantial local development, new jobs and higher assessed values.
Executive Director Cassandra said the agency was “so pleased to bring to the board … a report on just the economic impacts that our Move Illinois program has provided,” and the committee heard detailed findings from an outside consultant, SB Friedman.
The study examined the interchange — a two‑phase project whose first phase opened in 2014 and whose final ramps opened in 2022 — and compared…
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