Franklin Park West Line Station Area Planning Study
RTA worked with the Village to convene a ULI Developer Discussion Panel to solicit guidance and advice on ways to attract TOD investment in the study area. A panel of development experts met with Village staff and elected officials in July 2012 to discuss potential redevelopment opportunities at the vacant LaSalle Bank site located on Minneapolis & 25th Avenues as well as vacant land next to The Crossings condominium development. A summary of this discussion can be found below in the Study Documents.
In 2014 the completed updates to their downtown zoning code, in partnership with the RTA, to better facilitate TOD development and the Village also pursued a Quiet Zone in the TOD area in partnership with the Village of River Grove.
In 2020 the Village approved the sale of a downtown parcel at 9600 Franklin Avenue to make way for the construction of a 6-story, 110-unit, market rate luxury rental housing development with ground floor retail.
In 2022 the Village was formally awarded funding through the RTA to construct an east-west bicycle route and a north-south pedestrian route linking downtown Franklin Park, two Metra stations, and three Pace Bus routes to the three industrial areas of the Village. The project will include eight-foot multi-use paths, road sharrows, and dedicated bike lanes. The project also includes covered bike racks and wayfinding at the Metra station.
In 2024 the Village acquired the vacant parcel at at the southwest corner of Franklin and 25th Avenues and created a new plaza with fountain, seating and a mural.
| Source | Amount |
|---|---|
|
Local |
$15000.00 |
|
Federal |
$60000.00 |