May 14, 2008
www.camsys.com
Economic Impact Analysis for CenterPoint
Intermodal Center - Joliet
Preliminary Assessment
prepared for
CenterPoint Properties
prepared by
Cambridge Systematics, Inc.
final
report
final report
Economic Impact Analysis for
CenterPoint Intermodal Center -
Joliet
Preliminary Assessment
prepared for
CenterPoint Properties
prepared by
Cambridge Systematics, Inc.
115 South LaSalle, Suite 2200
Chicago, Illinois 60603
date
May 14, 2008
Economic Impact Analysis for CenterPoint Intermodal Center - Joliet
Cambridge Systematics, Inc.
i
7971.001
Table of Contents
1.0 Introduction .........................................................................................................1-1
2.0 Regional Economic Profile................................................................................2-1
2.1 Will County Economic Profile ..................................................................2-1
2.2 Elwood Economic Profile ..........................................................................2-5
2.3 Joliet Economic Profile ...............................................................................2-7
3.0 CenterPoint Development Plan .......................................................................3-1
4.0 Economic Impacts ...............................................................................................4-3
4.1 The Role of Transportation in Economic Growth ..................................4-3
4.2 Employment, Personal Income, and Economic Development.............4-6
4.3 Contribution to Regional Infrastructure Funding................................4-10
4.4 Other Regional Benefits ...........................................................................4-11
5.0 Conclusions..........................................................................................................5-1
Cambridge Systematics, Inc.
iii
List of Tables
Table 2.1 Will County Socioeconomic Summary ...............................