Project

Illiana Corridor Economic Impact Study

For the Indiana Finance Authority, EBP (formerly EDR Group) performed an economic impact analysis of the Illiana Corridor Project, a proposed toll road that would serve primarily as a trucking corridor linking interstates in Illinois and Indiana. The study entailed an assessment of the local land use, business attraction, local government requirements and transportation performance implications of the proposed project on Indiana's economy.

Findings show the potential impacts of the project are experienced in terms of jobs, personal income (wages earned from jobs), and output (the value of goods made and sold by businesses). Overall, from 2015 to 2048, the project is expected to generate an average of 3,378 jobs per year and a cumulative total of $6.85 billion in personal income and $21.3 billion in economic output (in constant 2012 dollars) in the regional economy. These changes are pertinent to existing, near-term, and long-term potential of new development throughout the region.