Interstate 69 (Indiana)2018-03-02T08:15:30+00:00

Interstate 69 (Indiana)

Indiana’s Interstate 69 extension is a 142-mile stretch of that the Indiana Department of Transportation divided into six independent project sections, with original cost estimates of $2 billion for the entire stretch. INDOT spearheaded construction for sections one through four, all of which are currently complete and open to traffic.

The project’s fifth section gained notoriety after the state entered a public-private partnership with a Spanish-based consortium. Plagued with an extensive list of delays and cost overruns, the troubled project has since become a prime example of yet another P3 failing to deliver on promises of a speedy completion and big savings for taxpayers.

Plan for future along I-69 calls for future development

The Daily Journal » Years ago, local leaders envisioned the future Interstate 69 traveling through the county, entire route lined with businesses.  Now, that vision has changed.

August 24th, 2018|

Indiana lawmakers add checks to agency responsible for I-69 construction ‘debacle’

Indy Star » The House unanimously approved House Bill 1374 on Monday, which would require the Indiana Finance Authority to only choose companies that have completed similar projects in North America during the past two years, when entering into a public-private partnership. IFA is the state agency responsible for overseeing public-private partnerships, including the 21-mile stretch of I-69 from Bloomington to Martinsville.

February 5th, 2018|

Car accidents have increased during I-69 construction delays

Indianapolis Star » The two-year construction delay on I-69 isn’t just causing traffic headaches; it’s costing Hoosiers money and putting lives at risk.

June 19th, 2017|

Credit Agency: I-69 Section 5 Default ‘Appears To Be Inevitable’

WTIU » Credit ratings agency Standard and Poors says it’s more likely the section of I-69 from Bloomington to Martinsville will be finished if the state takes the project over from the private developer. This week, S&P downgraded the bonds being used to fund construction to a ‘CCC-’ from a ‘B-’.

June 9th, 2017|
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