Indiana Finance Authority and Indiana Department of Transportation (InDOT) have shortlisted four development teams to finance, construct, operate and maintain a 12-mile portion of Illiana Expressway, a planned 47-mile corridor linking major Illinois and Indiana arteries.
Awaiting federal approval, the $1.5-billion Illiana would connect I-65 in northwest Indiana to I-55 in northeast Illinois, about 58-miles south of Chicago, relieving truck congestion on I-80, an east-west corridor in closer proximity to the city.