On this week’s podcast, Yonah Freemark of the Metropolitan Planning Council (you may know him from The Transport Politic) shares the scoop on transit-oriented development in Chicago.
In a recent post, Yonah writes that in order to break the pattern of slow growth but ever-increasing demand, more development should happen near Chicago’s extensive transit system. We talk about why growth isn’t happening in transit-rich neighborhoods and what needs to happen for development near transit to make a difference.
Which strategy is better, expanding transit or developing near transit? And will state efforts to finance transit expansion with special taxes on real estate pay off?
Find out what Yonah has to say and let us know what you think.