Holcomb Unveils $1B 'Next Level Connections' Program

Posted: Updated:
Holcomb announced the plans this morning in Martinsville. Holcomb announced the plans this morning in Martinsville.
MARTINSVILLE -

Governor Eric Holcomb has unveiled plans for the state to spend $1 billion in infrastructure projects that he says will improve quality of life throughout the state. Holcomb's "Next Level Connections" program focuses on speeding up major road projects, increasing broadband access, improving the state’s trail system, attracting more international flights, continuing work on a potential fourth port and pushing West Lake rail service and South Shore double-tracking projects. He says it will be funded through a one-time toll increase on heavy vehicles.

The road project element includes investing $600 million to finish the I-69 expansion project three years earlier, moving the completion date from 2027 to 2024. It also involves nearly $200 million to make improvements to US 20, US 30 and US 31, including resurfacing, bridge improvements and new interchanges.

Holcomb is also planning an investment of about $100 million to bring affordable high-speed, fiber optic broadband access to underserved communities in the state. The effort will include matching grant opportunities for providers to bring service to those areas.

The $90 million trail effort focuses on walking and biking paths throughout the state. The Department of Natural Resources says it wants a trail within five miles of every Hoosier by 2020.

The plan also calls on the state to invest about $20 million to work to establish additional international nonstop flights to and from Indianapolis, with specific targets in the Mexico City and Asia Pacific markets. Holcomb says he wants to make Indianapolis International Airport the “preferred airport” of the Midwest.

Holcomb’s plan also involves continuing work on a potential fourth port. The state previously entered into an $8 million land purchase option agreement for a site in Lawrenceburg. The governor says a fourth port would connect southeast Indiana to more development opportunities and strengthen the position of the Ports of Indiana.

Finally, the plan involves the Northern Indiana Commuter Transportation District, Northwest Indiana Regional Development Authority and the Indiana Finance Authority partnering to pursue West Lake rail service and the South Shore double-tracking projects. The West Lake effort would create commuter South Shore rail service from Hammond to Dyer. The second project involves double-track express service from Hammond to Michigan City.

Inside INdiana Business Reporter Mary-Rachel Redman is at today’s announcement in Martinsville. We will continue to update this story online and in the Morning Briefing and INside Edge e-newsletters.

  • Perspectives

    • Want Your Startup to Move Faster? Use Two Military Strategies

      Speed is everything at a startup. So is discipline. By that, I mean the discipline to stay focused on the most important objectives, to do the late nights and early mornings when we don’t want to do them, and to see the results of our work as objectively as possible. It’s not easy, especially when speed and discipline often seem at odds. We think about this a lot here at Powderkeg. How do we move as fast as possible while remaining as disciplined as possible? We recently...

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Infosys to Break Ground at Airport Site

      State and local officials will Friday break ground on a new U.S. Education Center for India-based Infosys. The company is initially investing $35 million to transform more than 70 acres of the former Indianapolis International Airport terminal site into a training center and 250-person residential facility totaling 125,000 square feet.

    • Infosys Hub to 'Reskill' Workforce

      India-based Infosys, which today broke ground on a $35 million U.S. Education Center in Indianapolis, says the campus is focused on preparing the American workforce for the technology jobs of the future. "Continuous learning and reskilling are core components of Infosys' DNA," said Chief Operating Officer UB Pravin, adding the company will use the facility on the former Indianapolis International Airport terminal site to train 10,000 new American hires.

    • Renovations Coming to Edinburgh Premium Outlets

      Renovations are coming to Edinburgh Premium Outlets as plans have been announced by Indianapolis-based Simon Property Group Inc. (NYSE: SPG). Construction is set to begin this fall. The multi-million dollar plans include an archway sign, two new courts visible from I-65 on the east side of the property and a food truck plaza on the southwest corner.

    • 'Proven Leaders' to Head New Two-Year College

      Marian University has named Jeffrey Jourdan executive director of Saint Joseph's College of Marian University - Indianapolis, its new two-year institution. Michael Nichols will serve as associate director and dean of SJC@MU. In October, Marian and Saint Joseph's College in Rensselaer detailed a partnership to launch the school near Marian's Indianapolis campus. St. Joe suspended operations in 2017 after massive debt responsibilities forced the school into an attempted rebirth.

    • Governor Eric Holcomb in April nominated 156 Indiana communities and neighborhoods to be Opportunity Zones. (image courtesy WTHR-TV)

      Portal to Promote 'Opportunity Zone' Investment

      The Opportunity Investment Consortium of Indiana has launched an online portal in hopes of attracting investors for the state's Opportunity Zone neighborhoods. The Opportunity Zone initiative, part of the federal Tax Cuts and Jobs Act, aims to spark private capital investment in low-income urban and rural communities. Governor Eric Holcomb in April nominated 156 Indiana communities and neighborhoods to be Opportunity Zones. You can see the full list by clicking here. The state a...