Steven Vance

A new bill that passed the Illinois Senate last week would create a new class of tax increment financing district that could only be created around Chicago transit stations and lines to capture the property value that being near transit generates. Most of the revenue generated by these TIFs would be earmarked to pay for construction of rapid transit lines, stations, and other transit-related facilities.

There are several pros and cons of the city's controversial plan to sell the Pritzker Park site for development. One important and urgent aspect is that it would be an unparalleled – and potentially free – opportunity to create the first enclosed, wheelchair-accessible transfer between the CTA's Loop elevated lines and the Red and Blue Line subways.

A new Divvy station next to the CTA's Francisco Brown Line stop in Ravenswood Manor, one of several installed yesterday in the Albany Park community area, replaces parkway car parking spots – which often resulted in cars blocking the sidewalk – with 11 public bike-share docks. Streetsblog Chicago reader Jim Peters gave us a heads-up about the swap.

The company that's redeveloping the Discount Mega Mall site in Logan Square has released a reworked proposal that adds much needed housing and dials back the number of car parking spaces, which makes the project a better fit for the walkable, transit accessible neighborhood. Terraco Real Estate and 32nd Ward Alderman Scott Waguespack are hosting a public meeting on the development, dubbed Logan's Crossing, at the Mega Mall on Thursday, May 7, at 6:30 p.m.

Cook County represents 41 percent of Illinois' population yet only three of the 30 scheduled stops on the Illinois Department of Transportation’s upcoming listening tour regarding Governor Rauner's proposed state budget will take place in the county: two in suburban Cook County and a single meeting in Chicago.

As the Chicago region grows in population, we're going to need to provide efficient and affordable transportation options in order to compete in the global economy, and that's going to require more and better transit. People who live near transit pay less in transportation costs as a portion of their household income, and have better access to jobs, compared to those who don't. GO TO 2040, the region's comprehensive plan, calls for doubling 2010 transit ridership levels by the year 2040 as a means to support population growth and reduce carbon emissions.

Alderman Brendan Reilly submitted an order to city council on Wednesday that would compel Chicago Department of Transportation Commissioner Rebekah Scheinfeld to remove the Kinzie Street protected bike lane between Dearborn and the Chicago River because he says it conflicts with Wolf Point construction truck traffic.

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The Lakeview Chamber of Commerce is concerned that restrictive zoning, car parking requirements, and changing household types may hinder growth in the high-demand neighborhood and negatively affect local businesses. The chamber, along with Special Service Area #27 (map), published a report this week [PDF] that shows that not only is Lakeview's housing supply failing to keep up with population growth, it's actually decreasing.

A score of Streetsblog Chicago readers joined John Greenfield and me last Saturday to pedal to 12 sites where developers are taking advantage of proximity to train stations by building dense housing with fewer parking spaces than usual. The buildings, in different phases of approval and construction, are all near Chicago Transit Authority 'L' stops.