Red Line Extension - 95th/Dan Ryan Terminal to 130th Street - Chicago Transit Authority (CTA)

https://www.enr.com/articles/55603-plan-oked-to-pay-for-959m-of-red-line-extension-in-chicago - A proposed $3.6-billion extension of the Chicago Transit Authority's (CTA) Red Line into communities on the city's far South Side is not a done deal, but a strategy to pay for about a quarter of it has moved forward. The Chicago City Council on Dec. 14 voted to establish a CTA Red Line Transit TIF District, a new transit tax-increment financing district. It is expected to generate about $959 million to fund the project that would extend the Red Line 5.6 miles from the existing station at 95th Street and the Dan Ryan Expressway to 130th Street. The idea to extend the Red Line past 95th Street was first discussed in the late 1960s by then-Mayor Richard J. Daley, but was never realized. The proposed project includes building four stations at 103rd Street near Eggleston Avenue, 111th Street near Eggleston Avenue, Michigan Avenue near 116th Street, and at 130th Street near the Altgeld Gardens public housing complex. It would also include park-and-ride facilities at each station and a new railcar and storage facility at 120th Street. "This project will be one of the most critical investments in CTA's history, and a transformative investment for the far South Side community," said CTA spokesperson Felicia Matthews in an email. "It will provide long-awaited and much needed connection to jobs, education, commerce, and opportunity, while also serving as a catalyst for economic development." The creation of the Transit TIF will allow it to leverage up to $2.2 billion in Federal Transit Administration funding for the extension. The project has already received $30 million through the U.S. Dept. of Transportation, and the CTA is pursuing additional federal, state, county, and Regional Transportation Authority financial support, according to the city. The Red Line TIF District includes properties located within one-half mile of existing and proposed Red Line right-of-way between Madison and 130th Street. Alderman Pat Dowell (3rd Ward) objects not to the project itself, but because residents in her ward would shoulder the burden of financing much of it. Her ward would not have any stations but it, along with the 4th, 11th 25th and 42nd wards, will be included in the TIF. "I object to the method the city is pursuing to finance the project," she said in an email. "Five wards, including mine, should not be responsible for paying for the city's entire portion of this massive development." "Everyone needs to have skin in the game," she added. "That means the City of Chicago, the State of Illinois, and Cook County should all contribute to the project." When a City of Chicago TIF district is created, the total equalized assessed value of the properties within the district establish a base value of the TIF and, as development in the area occurs, new property taxes are generated from a presumed increase in equalized assessed value above the TIF district's base. Those are the funds that would be used for the Red Line Extension. Assessed values of properties can increase during the 24 years of a TIF, but the amount of property tax dollars the schools, parks, county, and other taxing bodies get out of those increases does not increase over that time in favor of those dollars going to the TIF district project. The estimated start date for construction is 2025, with work to be completed in 2029. _______________________________________________________________ CTA $1.8 billion budget for 2023 approved The approved spending plan advances the CTA's "Meeting the Moment: Transforming CTA's Post-Pandemic Future" Action Plan, a multifaceted investment plan that focuses on responding to customers' concerns The Chicago Transit Authority's (CTA) $1.8 billion operating budget for 2023 was approved by the Chicago Transit Board. The approved spending plan advances the CTA's "Meeting the Moment: Transforming CTA's Post-Pandemic Future" Action Plan, a multifaceted investment plan that focuses on responding to customers' concerns and strengthening the foundations of the rider experience - more consistent and reliable service, safe rides, clean facilities, modern amenities, dynamic customer engagement tools and a strong CTA workforce. "This year, the CTA celebrated its 75th anniversary. This budget allows the CTA to make investments to strengthen our system for the next 75 years," said CTA President Dorval R. Carter, Jr. "In the year ahead, we are committed to maximizing every dollar of our budget to both modernize our system and continue work on the strategic initiatives outlined in support of the guiding pillars of 'Meeting the Moment' Action Plan, which addresses the most pressing challenges facing our customers and employees." As the CTA continue its aggressive recruitment and hiring efforts to address an industry-wide shortage of transit workers, the budget includes 40 new positions focused on cleaning trains and stations--continuing the agency's strong focus on providing a comfortable environment for customers. The CTA also remains focused on modernization and improvement of its physical infrastructure--tracks, rail stations, buses, trains, facilities and technologies. The CTA's 2023-2027 Capital Improvement Program--which is separate from the agency's operating budget--calls for $3.4 billion in projects over the next five years. Among many important investments is the Red Line Extension, which will extend the CTA's busiest rail line to the southern city limits and will provide greatly improved transit access and connectivity to the far south side of Chicago. Other capital projects to continue or begin in 2023 include: All Stations Accessibility Program (ASAP), to make CTA's rail system 100 percent vertically accessible. Expansion of electric bus fleet, part of CTA's commitment to complete the electrification of the entire bus fleet by the year 2040. Refresh & Renew, an expanded and accelerated rail station improvement program. Better Streets for Buses, a comprehensive, citywide plan for bus-priority streets. ____________________ As of August 15, 2022, this project is in the planning phase. Information regarding an award for a design team is not available. It is anticipated construction could start in 2025. Closed solicitation has been included below for reference. The Chicago Transit Authority (CTA) is proposing to extend the Red Line from the existing terminal at 95th/Dan Ryan to 130th Street, subject to the availability of funding. The proposed 5.3-mile extension would include four new stations near 103rd Street, 111th Street, Michigan Avenue, and 130th Street. Each new station would include bus and parking facilities. This project is one part of the Red Ahead Program to extend and enhance the entire Red Line. *For more information, please refer to transitchicago.com/redext *Project information, including timeline and contacts, has been obtained through public sources. The content management team continues to pursue additional details; however, the contact(s) listed have yet to disclose or confirm any information. Inquiries should be directed to the contact(s) listed.

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