The interchange creates a “free flowing” sample with fewer left turns and visitors indicators. Separated by concrete boundaries, either side drive on the alternative aspect of the highway earlier than crossing again and resuming their authentic sample.
The $20 million undertaking was paid for completely out of West Chester Twp. tax increment financing funds. The early estimate for the undertaking was $14 million, however Wilkens needed to revise the projection a number of instances as a result of building market final 12 months. The township is paying $6 million in money and offered $14 million in TIF-backed bonds.
“Infrastructure enhancements just like the DDI undertaking are in line with the mission of the TIF, which is able to present a method for continued funding by builders in industrial property preserving West Chester on the epicenter of financial vitality within the area,” Township Administrator Larry Burks stated beforehand.
The Union Centre Boulevard interchange is one among I-75′s busiest within the Cincinnati space, serving as a gateway to a enterprise, leisure and purchasing hall that may be a regional draw as a consequence of sights like IKEA and TopGolf and main employers like GE Aviation. Greater than 50,000 journey the route every day, officers stated.
Since 1997 when the UCB interchange was constructed, there was greater than $2.four billion in actual and private property investments; greater than 22 million sq. ft of retail, company workplace, leisure and industrial growth, producing greater than 25,000 jobs within the Union Centre space, in line with the township web site.