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Pritzker Park Sale Is a Chance to Create New Transfer from ‘L’ to Subway
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.
May 8, 2015
MPC’s TOD Tool Advises Developers About Train Station Bonuses
Many developers haven't yet investigated how last year's transit oriented development ordinance, passed to encourage development near transit, can make their work easier and possibly more lucrative. Under the TOD ordinance, developers can build bonus density — more floors, taller buildings, smaller units – and fewer parking spaces on sites near Chicago Transit Authority and Metra train stations. To accelerate this transformation, the Metropolitan Planning Council has unveiled a new tool to spread awareness about the TOD ordinance's possibilities.
March 27, 2014
Why Is St. Louis Using Tax Money to Subsidize Parking Lots and Bars?
Tax increment financing is a pretty neat tool cities can use to finance quality-of-life amenities, like the Beltline in Atlanta, or the streetcar in Kansas City, by capturing the taxes from the property value increases of the investments.
August 15, 2013