The Illinois Tollway will invest $1.4 billion for capital projects in 2014. About $729 million of that will go toward continued work on Interstate 90, also known as the Jane Addams Tollway widening and improvement project. The tollway will also spend $283 million to make the Elgin-O’Hare Expressway a toll road. Read the Chicago Tribune story here.
Today in the news
Midwest Fertilizer Corp. plans to build a $2.1 billion fertilizer plant in Posey County, Ind. The project, which is slated to break ground by March 2014, will create 2,500 construction jobs during its three-year buildout. Meanwhile, Northern Plains Nitrogen plans to buy 320 acres outside Grand Forks, N.D., as the site for a $1.5 billion fertilizer plant. The company is aiming for a 2015 groundbreaking. Read the Grand Forks Herald story here.
In 2011, about 33 percent of new office buildings in the U.S. were built to green standards, according to this article. However, in Washington, D.C., about 66 percent of the office space built since 2009 has been green. Incentives, increasing energy costs and a desire to reduce an organization’s environmental footprint are some of the reasons given for this trend. Read The Washington Post story here.
The Greater Orlando Aviation Authority has approved plans for the $1.1 billion expansion of Orlando International Airport. Work on the project, which will consist of building a people mover system, a new train depot, a parking garage and more, is set to start next year and scheduled for completion in 2017. Plans also include construction of a second terminal, which is expected to cost $1 billion. Read the Orlando Sentinel story here.
Health care technology firm Cerner Corp. can get started on a $4.3 billion corporate campus in Kansas City, Mo., after the City Council approved $1.63 billion in tax incentives for the project. Three Trails Crossing will involve redevelopment of the former Bannister Mall site in 14 phases and will feature nearly a dozen office buildings. The project is expected to create 2,800 construction jobs. Read The Kansas City Star story here.