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updated: 12/26/2013 7:00 PM

$42.5 million approved for Chicago's Circle Interchange

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Associated Press

More money has been approved to redo Chicago's Circle Interchange.

Gov. Pat Quinn announced Thursday that he has released $42.5 million for the ongoing project. The total cost of the four-year project is $475 million. The latest money will pay for a bridge at Halsted and Harrison streets and new approaches. The Circle Interchange is where several major expressways come together just west of the Chicago Loop.

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The Illinois Department of Transportation is managing the Circle Interchange project.

Transportation experts say the improvements will reduce traffic delays by half.

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