Joliet: Settlement Made With CenterPoint, NorthPoint Regarding NorthPoint's Development

(The following edited press release came from city of Joliet spokeswoman Rosemaria DiBenedetto.)

Joliet, IL – After many years of intense litigation, the Mayor and Joliet City Council unanimously approved a settlement agreement with Houbolt Road Extension JV, LLC, CenterPoint Properties Trust, CenterPoint Joliet Terminal Railroad, LLC, East Gate-Logistics Park Chicago, LLC, New Wave Farms, LLC, and NorthPoint Development, LLC relating to the NorthPoint Development in Joliet.

Upon implementation of the settlement, NorthPoint’s emergency access to Route 53 for truck traffic will end. Trucks entering and exiting the NorthPoint Development will be required to utilize the Closed Loop Truck Network, which is specifically designed to prevent trucks from using local roads in Joliet.

To address resident’s concerns, a permanent cul-de-sac will be constructed on Millsdale Road east of the Union Pacific Railroad preventing cars and trucks from heading eastbound towards Route 53 in areas where there are residential communities.

As part of the settlement, the City will no longer be responsible for the ongoing maintenance of the roads and bridges within the NorthPoint Closed Loop Truck Network. This saves the City hundreds of millions of dollars in the long term. CenterPoint and NorthPoint have agreed to work with the City to propose traffic improvements to mitigate existing traffic impacts on City roads.