The Chicago City Council passed the first comprehensive transit-oriented development ordinance in 2013, and the first buildings to take advantage of that law, which reduced the minimum parking requirement and allowed smaller or more units in buildings near CTA and Metra stations, are now being built. Some of them will open to new residents this year.
The Milwaukee Avenue corridor is replete with construction. There are eight buildings at various stages of construction on Milwaukee, or one block away, between the Grand Blue Line station at Halsted and the California Blue Line station, a distance just over three miles.
Collectively the buildings have 1,146 units and 572 car parking spaces, for an average parking space to unit ratio of just under 0.50 spaces. That's a savings of 574 parking spaces, and hundreds of fewer drivers in a pedestrian, bicycle, transit, and retail-heavy corridor.
The TOD ordinance at the time allowed a reduction of the normally required 1 parking space per unit to 1 car space per 2 units. City Council revised the ordinance on its two-year anniversary last year to extend the distance a building can be from a train station, and to allow a 100 percent reduction in the number of required car parking spaces for residential buildings. Developers can now build 51-100 percent fewer parking spaces than the 1:2 ratio if they go through an additional zoning process.
There are still no TOD buildings near Metra stations.
