Chicago's Next 5 TODs of the Future

The trend of "parking-lite" residential development seems to be taking off in Chicago, two years after a city zoning ordinance paved the way. These buildings are taking some of the city's most transit-accessible neighborhood by storm, particularly along the CTA Blue Line.

These sites are typically steps away from a train station and within a pedestrian-oriented district with a lot of foot traffic and shopping destinations, such as Division Street in Wicker Park or Lincoln Avenue in Lakeview. There are at least five TOD projects in the works for Chicago that have been approved by the City Council, according to Peter Strazzabosco, the deputy commissioner of Chicago’s Department of Planning and Development. Take a look at those five projects here.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Hines Spends $170.5M On Mixed-Use Portfolio In Dallas' Bishop Arts District

Local Investor Pays $30M For Block 37 In Heart Of Downtown Chicago

How UK Investment Giant L&G Plans To Grow Its U.S. Multifamily Holdings

Properties Owned By REIT Accused Of Fraud To Be Auctioned Off

Major Movie Studio Campus Breaks Ground: The Chicago Deal Sheet

Major NYC Multifamily Firm Expands With Tech-Driven Operations

Multifamily's Days As Commercial Real Estate's 'Golden Child' Are Over

Riverwards Secures $36M In Construction Financing For Philly Apartment Project

Bears Stadium Saga Shifts Toward Potential Public Ownership Play

Lioncor Bets Ireland's Residential Reset Can Unlock A New Wave Of Capital

Structural Design Decisions Can Box Owners In. The Right Partner Can Help Them Make More Informed Decisions

How Miami Multifamily Developers Are Approaching Dealmaking Today