More on Illinois DOT’s Proposed P3 for I-290 HOT Lanes

The Bond Buyer reports, “Illinois may look to private investors to help finance a $2.7 billion freeway expansion project in Chicago due to overwhelming response to a tolled lane project that is being developed as a public-private partnership. The expansion proposal outlined late last week by the Illinois Department of Transportation would add high-occupancy tolled express lanes to relieve congestion and speed up traffic on Interstate 290, known locally as the Eisenhower Expressway.” The report adds, “Any P3 agreement would have to be approved by the Illinois General Assembly.”