A new I-94 interchange at Drexel Ave. in Oak Creek - believed to be the first interchange added since I-94 was constructed - will be built, state Rep. Mark Honadel (R-South Milwaukee) said Wednesday.
Honadel said a Wisconsin Department of Transportation official told him Wednesday that the department will soon begin the process of acquiring land that will be needed for the interchange, which would be built in 2012.
"I am just stoked up to no end because it's going to be good for the region," he said. "The potential is awesome."
The DOT had said that if half the cost of the interchange would be covered by local money, it would add the interchange to its massive I-94 North-South Freeway Project. The City of Oak Creek, which is contributing the bulk of the local money, and Northwestern Mutual Life Insurance, which has a large office complex in neighboring Franklin, had already pledged funds.
Then on Saturday, the Franklin Common Council committed the final $500,000 that was needed for the interchange and related work on S. 27th St.
DOT spokesman Reggie Newson confirmed Wednesday that the DOT has added the Drexel interchange to its I-94 work plan and confirmed that construction is planned for 2012.
The DOT estimates the total cost at $12.9 million.
Honadel said he concurred with state Rep. Jeff Stone (R-Greendale), who represents Franklin, that the interchange could lead to billions of dollars in business development. He said the potential exists for one employer alone to bring 1,000 jobs to the area.
"You just don't get an interchange every day of the week," Honadel said. "Every developer will tell you that it's the gold mine for development - access."
Your link to the biggest stories in the suburbs delivered Thursday mornings.
Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter Get the Newsletter!
- Franklin Historical Society to host holiday youth activities before 'An Old-Fashioned Christmas'
- Franklin panel updates city master plan to accommodate apartment development
- Holiday events to kick off in Oak Creek, Franklin, Hales Corners and Greendale
- With monitoring services secured for 2015, Franklin sets new conditions for future quarry contracts
- Brookfield delays financial assistance decision as aldermen request more information
- Franklin police report: Nov. 27, 2014 issue
- Franklin adopts 2015 budget, keeps tax levy frozen
- News & Notes: Nov. 20, 2014 issue
- Corrections: Nov. 20, 2014 issue
- Life is art, at least for longtime Franklin man, whose works will appear at library