The final leg of the freeway, which runs between downtownPhoenix and north to the Pima Freeway in north Phoenix, will beopened at the end of 2003 rather than mid-2005.
A $22-million loan from the State Infrastructure Bank to theArizona Department of Transportation has sped up construction onthe last leg, which runs between Union Hills Drive and the PimaFreeway. ADOT will repay the loan, along with about $1 million ininterest, from Maricopa County's half-cent freeway sales tax.
As its progresses further and further north, the Squaw PeakParkway has been opening up additional areas to new development innorth Phoenix.
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