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Thursday, March 15, 2007

Illiana Gets Construction Advancement Foundation Support

The Construction Advancement Foundation throws it support for construction of the Illiana Toll Road, reports the Chesterton Tribune, saying the Illiana Expressway interstate highway project would "create 'thousands of high-paying jobs,' improve 'the quality of life for residents of the region,' generate 'wealth,' and cost taxpayers 'nothing.'"


“It is an indisputable fact of regional economies that as access to better transportation systems improves the region’s economy prospers,” said Construction Advancement Foundation) Executive Director Dewey Pearman in a
statement released on Friday.

“This project would dramatically improve the economy of Northwest Indiana by increasing the quantity and quality of our region’s transportation network and improve the quality of life in the region by reducing the congestion on the Borman Expressway. The Illiana would improve the economy of the region in two significant ways—creation of thousands of high-paying jobs and creation of wealth in the region.”

The construction group said that a mile of interstate highway costs about $20 million to construct in Northwest Indiana and would create 800 jobs.

Says Pearman:

“National data (indicate) that 40 jobs will be created for every one million dollars spent on highway construction. The job creation math for this project is simple.

With 800 jobs being created for every mile of highway construction, a 40-mile stretch of new interstate highway running through Northwest Indiana would create 32,000 jobs. Since the exact route of the Illiana has not been determined, and will not be determined until after a comprehensive study is completed, the highway could stretch to 50 miles, creating 40,000 jobs.”


The construction group estimates that Northwest Indiana trades people earn between $27 per hour to $39 per hour with benefits packages of $10 per hour to $15 per hour, reports the Chesterton Tribune.


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