Improved mobility has made the Village of Huntley more attractive to commercial and industrial development. An important element in Huntley's economic development activities includes diversification of the Village's tax base. "The interchange was decades in the making and involved the tireless efforts of many people from our elected state representatives, Illinois Tollway and the Illinois Department of Transportation directors and staff, Kane and McHenry County Board officials and staff, and Village of Huntley elected officials and staff. I thank them, as well as the businesses of Huntley, for their commitment to this project. This commitment has set the stage for attracting more development, creating jobs and expanding the local tax base for decades to come" stated Charles Sass, Huntley's Village President.
The full interchange is surrounded by land already zoned and annexed into the Village. Adjacent to the interchange is more than 300 acres of land for commercial and industrial use, with utilities and roadways complete.
The Illinois Route 47 Interchange Project is a full access, all-electronic interchange at Illinois Route 47 on the Jane Addams Memorial Tollway (I-90). The project included construction of six new ramps, reconstruction of Illinois Route 47 over I-90, and traffic signal installation to provide the full-access interchange.
The project featured several new green and sustainable construction initiatives, including a geothermal water piping system that makes use of the earth's natural heating and cooling abilities to help heat and cool nearby plaza buildings in a more cost-effective and sustainable manner, reflective roofs and trellised vegetation for plaza buildings to further reduce heating and cooling costs, as well as ramp shoulder pavement that will allow water to seep through and reduce storm water runoff.
Economic Development Impact
Since opening of the new interchange, over 41 business have constructed new facilities or expanded in Huntley. Upon full employment, these firms are projected to bring 2,500 new direct employees.
Over the last three years, the private sector invested more than $300,000,000 in new commercial and residential construction in Huntley.