Chicago Southland TOD Corridor Planning Study Phase II Implementation
In June 2015 a boutique hotel opened in Homewood across from the Metra station. This 18-room hotel also consists of a restaurant/bar and the owners are hopeful that the proximity to Metra will attract commuters to visit and stay in the area. For more information please visit "http://www.chicagotribune.com/suburbs/daily-southtown/news/ct-sta-homewood-hotel-st-0612-20150611-story.html".
In 2013 the SSMMA received assistance from the RTA (with support from ULI) to solicit guidance, advice and input from the development community on ways to attract TOD investment in the Oak Forest TOD area. This discussion took place on December 10, 2013 and a Summary Report of this discussion can be found below under "Related Studies".
In 2015, Oak Forest received CMAQ program funding for pedestrian improvements in the Oak Forest station area via the RTA's Access to Transit Program. This project will improve multi-modal access to the station, as well as to Pace Route 383.
In 2016 SSMMA provided additional funding to Homewood and Oak Forest to advance additional implementation efforts. Oak Forest will use the funds to complete a pro forma analysis and conceptual design review for two mixed-use, multi-family sites adjacent to the Rock Island Metra station. Homewood will use the funds to complete architectural, engineering, and environmental work for 28 proposed residential units, as well as a Science Center, on a currently vacant site near the Homewood Metra station.
In 2018 Homewood began a marketing campaign to promote the affordability and convenience of living in Homewood. Advertisements were targeted to various Chicago neighborhoods.
The City of Oak Forest continues to focus its economic development efforts towards quality placemaking, transit-oriented development around their Metra station by strategically acquiring dormant properties. In 2019 numerous projects were underway with the largest being Cook County releasing an RFP to begin redevelopment plans for the 129-acre Oak Forest Health Center.
| Source | Amount |
|---|---|
|
RTA |
$100000.00 |
|
Local |
$25000.00 |