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Site work for a road / highway in Park Forest, Illinois. Conceptual plans call for site work for a road / highway.

Traffic Signal at US30/Indiana Street. In July 2016, the Village executed a Letter of Intent (LOI) to sell the property at 3200 Lincoln Highway to Mr. Melvin Buckley for the purposes of constructing a Steak 'N Shake Restaurant. Among other commitments the Village made in the LOI, the Village agreed to contribute up to $325,000 to the cost of a traffic signal at US30 (Lincoln Highway) and Indiana Street, should the developer request a signal. This traffic signal is not likely to meet the traffic warrants that are required in order for the State of Illinois to pay the cost for the signal. So, the full cost will have to be borne by the Village and the developer. Funding for this traffic signal is proposed to come from the Voluntary Mitigation Settlement with CN Railroad. Mr. Buckley has executed a franchise agreement with Steak 'N Shake that includes the Park Forest location, and specifies that the Park Forest restaurant will be open no later than July This project is included in the city’s 2023-2024 Capital Improvement Plan. As of March 18, 2024, project funded for FY2023-2024. *Project information has been obtained through a public capital improvement plan (CIP). A CIP is a financial schedule for short- and long-range projects which is updated regularly. Information listed in the CIP often evolves based on funding availability and the project details, including timeline and value, are subject to change. The content management team will continue to pursue additional details as they become available.

Conceptual

Roads / Highways

$325,000.00

Public - City

Site Work

Plans and Specifications are not available for this project. If that changes, they will be made available here.

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June 28, 2024

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US-30 & Indiana St, Park Forest, IL

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