The Village of Mahomet has officially completed the South Mahomet Road extension project, a major infrastructure initiative finalized at a total cost of $12,256,295.87, slightly below initial estimates.
Originally planned to run south of its current alignment, the two-phase project now connects the old South Mahomet Road to Prairieview Road, traversing the Mahomet-Seymour School District’s 77-acre property.
The project makes land east of the school district’s property easier to develop. Plans for that development include both residential and commercial properties.
Phase I opened in 2023, connecting Sunny Acres Road to Churchill Road. Phase II, which stretched from Churchill Road to Prairieview Road, wrapped up in late 2024. Additionally, the project included a new railroad crossing with advanced safety features such as flashing light signals and gates. This crossing replaces the Walnut Street crossing, which has been closed as part of the agreement with Norfolk Southern Railway.
The Village believes the road will accommodate up to 3,400 vehicles daily once fully operational.
The project included extensive utility work, roadway construction, storm drainage systems, and the installation of sidewalks and light poles. A new roundabout at South Mahomet Road and Churchill Road was also constructed.
The final costs for the project came in slightly below budget, reflecting careful financial management:
- Phase I Construction: $4,276,602.64 (original bid: $4,307,769.26)
- Phase II Construction: $3,246,662.43 (original bid: $3,325,813.43)
- Utility Work: $2,847,769.97
- Engineering Costs: $1,603,586.63
- Legal Fees: $128,656.67
- Miscellaneous Costs: $45,847.58
- Norfolk Southern Railroad Crossing Work: $107,169.95
The total cost of $12.26 million includes contributions from multiple funding sources: Tax Increment Financing (TIF), the Wastewater Capital Fund, and federal ARPA funds. The Village also issued $8.5 million in bonds at a 1.857% interest rate to ensure immediate funding for the project.
*TIF funds come from a portion of property tax that is diverted away from other taxing bodies.
