Indiana Officially Takes Over I-69 Section 5 Construction

The state of Indiana has closed on a deal to officially take over completion of section 5 of the I-69 project.

The state has reimbursed the developer’s bond holders for $246 million, which returns direct control of the I-69 section 5 project to the Indiana Department of Transportation.

In June, state officials announced the deal to take over construction of section 5 after the completion date was pushed back several times by the private developer.

The 21-mile project between Bloomington and Martinsville is expected to be complete on or before August 2018.

 

(This story was originally published on Aug. 14, 2017)


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