Illinois Department of Transportation, Erica Borggren, Acting Secretary
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Patrick J. Quinn, Governor
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FOR IMMEDIATE RELEASE
October  29, 2010

CONTACT:
Josh Kauffman (IDOT) 217.558.0517
Guy Tridgell (IDOT) 312.814.4693

IDOT, Local Officials Unveil $6.5 Million Runway Expansion
at Illinois Valley Regional Airport

Project Will Improve Safety, Increase Capacity and Promote Economic Development

PERU- Illinois Department of Transportation, airport and local officials participated in a ribbon-cutting ceremony today for a newly constructed crosswind runway at the Illinois Valley Regional Airport (IVRA). The approximately $6.5 million expansion project will accommodate increased traffic to the airport.

“We are proud to unveil crosswind runway 7/25 to improve safety and accommodate increased traffic demands,” said Dr. Susan Shea, Director of IDOT’s Division of Aeronautics. “These improvements will positively and immediately impact the region’s economy.”

The airport serves as an important economic engine for Illinois Valley. According to an ongoing survey conducted by IVRA, 23% of the aircraft pilots and/or passengers stay overnight at local hotels and 62% frequent local restaurants. While leisure travel is growing at the airport, 66% use the airport for business-related activities. Over sixty-five companies regularly use IVRA including Pioneer Seed, Wal-Mart, Target, Cargill, various oil companies, engineering firms, contractors, material suppliers, hospitals and law enforcement agencies.

The expansion project was funded by a mix of federal, state and local dollars. $2.2 million in state funding leveraged approximately $3.6 million in federal dollars; the remaining $645,000 was provided through local matching funds.

IDOT is currently leading Illinois’ largest construction program in state history through Governor Quinn’s Illinois Jobs Now! capital construction program. The capital program is creating an estimated 155,000 short-term and permanent jobs. A component of the program includes a $380 million appropriation to support the state’s airports.

Information about IDOT’s Division of Aeronautics is available at www.dot.state.il.us/aero/index.html. For information regarding the Illinois Valley Regional Airport please visit www.peru.il.us/community/iv-regional-airport.html.

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