The city of Fishers is planning a $6 million project to ease traffic congestion to the east of Interstate 69 along 116th Street, requiring the acquisition of as many as eight homes.
The project includes adding a new eastbound lane on 116th Street from I-69 to Cumberland Road and removing the traffic signal at USA Parkway, the city announced Tuesday.
A new traffic signal would be installed at 116th Street and Exit Five Parkway with double left turn lanes from eastbound 116th Street onto Exit Five Parkway and at Oak Drive onto 116th Street westbound.
Oak Drive also would be widened and extended south to intersect with USA Parkway.
Fishers officials are working with the Indiana Department of Transportation to consider extending the new eastbound lane as far west as Commercial Drive.
Construction is expected to start next summer.
The city would have to acquire additional right-of-way and/or as many as eight homes along both 116th Street and Oak Drive for the project, a city spokeswoman told IBJ. City officials did not specify whether the property acquisition was included in the $6 million cost estimate.
“Interest in the I-69 business corridor continues to increase, and it is important that we take a proactive approach to infrastructure as the area develops," Mayor Scott Fadness said in a prepared statement. "This project is a smart solution to mitigate the congestion our residents experience today and improve traffic flow as more businesses are drawn to our entrepreneurial culture.”