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The proximity of major interstate highways offers opportunities to support
new development that will benefit the residents of University Park and
Glen Park, and the City of Gary as a whole.
Benefits include:
- Additional retail services
- Employment opportunities
- Sales and occupancy tax revenues
In addition to the creation of a new ‘Main Street’ on Broadway, Grant
Street also offers opportunities for new regional retail development because
of its immediate access from the Borman Expressway I-80/94. Grant Street
is a viable location for grocery and discount stores, gas stations and
convenience stores. With this type of retail, the City of Gary will be
able to draw revenues from customers in the wider Lake County area and
from passing traffic on the interstate highway.
There is market demand for a 100 to 150 bed limited service hotel at
the Broadway Street interchange with the Borman Expressway, I-80/94. There
is market demand for an additional 100 to 150 bed limited service hotel
at the Grant Street interchange with the Borman Expressway, I-80/94.
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