Thursday, February 27, 2014

Choose DuPage Makes a Point for the Western Suburbs



THE WESTERN ACCESS O’HARE PROJECT
O’Hare International Airport is the nation’s second busiest airport. In 2005, O’Hare transported nearly 77 million passengers and 1.7 million tons of cargo – serving as a vital transportation link between the Chicago region and the rest of the world. However, its existing infrastructure is the cause of heavy delay and congestion. Currently, O’Hare is accessed from the east. The Western Access O’Hare project will give western access to the airport with an addition of a western roadway, allowing the region to meet future transportation needs.
THE PROJECT
The project begins with an addition of nearly 50 expressway lane miles through the conversion of Thorndale Avenue into a limited-access four-lane highway, creating an extension to the Elgin-O’Hare Expressway. With this extension, a bypass or ring road will then be created in order to connect I-90 and I-294.
CONSIDER THE FUTURE
The increased transportation and infrastructure will bring with it a modern and diverse economic base that will transform the region. The area will become a prime location for businesses to locate and future developments.
CONSIDER THE BENEFITS:
   Location – At the heartbeat of the Midwest – the center of the nation’s busiest transportation hub
   Land – Enough to build big
   Workforce – Skilled, educated, competitive labor
   Financial Benefits – Savings on fuel, time, recruitment, incentives
   Quality of Life – It’s all here – education, entertainment, culture
With unparalleled proximity to the airport, I-90, I-294, and I-290, businesses looking to locate in the newly available developments will be taking advantage of transportation gateways to the rest of the world. In an increasingly global economy, enhanced access to national and global markets, along with a reduction in delay time, will enhance the competitiveness and productivity of local businesses while facilitating economic growth.
ECONOMIC IMPACT
The benefits from this project are not only compelling, but would completely transform the economy of the region. The following is a list of some of the economic benefits of the project, found by the Elgin-O’Hare Western Bypass Advisory Council:
   Opportunity exists to create 65,000 jobs by 2040
   Local tax revenues are expected to increase by $29 million annually (based on 2010 projection)
   13,450 jobs will be created annually in the region during construction
Travel delays will be reduced, saving $145 million annually by 2040