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Recipients include the Chicago Transit Authority, The Ride, Pinellas Suncoast Transit Authority, and IndyGo.
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The idea would be a way for agency to monetize prime real estate in every municipality where it has a train station.
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Factors such as a healthy real estate market, available land, and development supportive zoning and other policies are key.
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“We had to exercise the option to purchase or remain a tenant for another 270-plus years."
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The Joint Development Program decides which properties are suitable to build on and provides the necessary groundwork and resources to develop those properties.
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Construction of affordable housing, mixed-used development near popular light rail station begins.
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Will fund comprehensive planning to support transit ridership, multimodal connectivity, and mixed-use development near transit stations.
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The design-build team of Hensel Phelps Construction Co., Stantec, and partners will deliver the new $218 million OMF East.
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Former USDOT Sec. Foxx also stressed the importance of public input, similar to the community engagement efforts currently underway with RTC's transit plan.
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Vacant and underutilized land surrounding 13 Gateway City commuter rail stations could house up to 230,000 residents and 230,000 jobs.
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