Transportation-Oriented Development in Chicago

Posted by Ted Guarnero admin on Saturday, February 22nd, 2014 at 2:47pm.

Transportation-Oriented Development in ChicagoIt wasn’t long ago that living adjacent to an “L” line in Chicago would’ve only been considered as a last resort. Today however, things are a bit different and there seems to be a new movement in residential real estate that’s focused on transportation-oriented development.  In short, the idea is to form a more urbanized atmosphere where local residents will be able to shop in the neighborhood, dine-out in the neighborhood and use public transportation in the neighborhood as opposed to relying on a car and going elsewhere in the city. As a result, more and more Chicagoans are ditching their cars and finding places to live with quick and easy access to the city’s major transportation hubs.

Preliminary plans for two transportation-oriented developments have already been announced near Wrigleyville and Roscoe Village, which would almost give future residents direct access to the Sheridan Red Line station at Dakin and Sheridan and the Paulina Brown Line Station at Roscoe and Paulina. In addition to being located right next door to two of Chicago’s busier L lines, such developments may also emphasize bicycle parking in hopes of minimizing congestion and additional traffic in each neighborhood.

Although each plan is still in the earliest stages, it’s hard to argue the attractiveness of each initial rendering:   

3400 N. Lincoln

Upscale 1-2 Bedroom Rentals
Between 32-48 Units
Retail Space on Ground Floor
Neighborhood: Roscoe Village

Transportation Oriented Development in Chicago1
 

 

 

 

 

 

 

 

 

 

Sheridan & Dakin

Upscale 1-2 Bedroom Rentals
Striking Modern Design
Unknown # of Units
Retail Space on Ground Floor
Neighborhood: Wrigleyville
Transportation-Oriented Development in Chicago

 

 

 

 

 

 

 

 

 

 

 

 

#add-this#

Ted Guarnero, REALTOR® is a full-time real estate agent with over 1000 homes sold and $400 million in sales.  Working with Compass real estate offering professional and effective real estate services to help you succeed in the local real estate market. Visit www.seeChicagorealestate.com for information on downtown Chicago real estate and to get in touch with an expert in the Chicago real estate market. Before you hire your next Realtor call Ted Guarnero 855-See-Chicago, it's on the House !

Google+

Leave a Comment