Mayor Emanuel announces a $7 billion, three-year infrastructure program, Building a New Chicago: one of the largest investments in infrastructure in the city’s history. The mayor says the program will create more than 30,000 jobs over the next three years.
“Whether it is renewing our parks or repairing our pipes, repaving our roads or rebuilding our rails, retrofitting our buildings or revitalizing our bridges, we must restore Chicago’s core,” said Emanuel. “Our plans are comprehensive because our needs are comprehensive -- because no city in America relies on its infrastructure more than Chicago. While our infrastructure challenges are not unique, our resolve and determination to see them through is. I look forward to rebuilding our city’s infrastructure so we may continue to lead in the 21st century.”
Mayor Emanuel made the announcement Thursday at Chicagoland Laborers’ Training and Apprentice Center in Austin.
Building a New Chicago is one of the most comprehensive infrastructure plans in Chicago’s history, according to a press release.
The investments will not require increases in taxes. Many of the projects are paid for through reforms, efficiencies, cuts in central offices, direct user fees, and the recently announced Chicago Infrastructure Trust.
The improvements in the plan will include:
Read Emanuel's full speech in the PDF below. And watch our one-on-one interview with the mayor on Chicago Tonight at 7:00 pm.