Wednesday, November 8, 2017 || By Michael Romain || @maywoodnews
Featured image: A conceptual drawing of a downtown development in Maywood included in the 2004 RTA station area plan. | RTA
The Regional Transportation Authority (RTA) recently announced that Maywood is one of nine municipalities that will receive funding and technical assistance for projects that support local transit, help reduce congestion and improve air quality.
The RTA allocated $566,000 to the nine projects, $350,000 of which comes from federal funding, $58,000 of which comes from locally matched funds and $158,000 of which comes directly from the RTA.
“These dollars will support innovative projects to improve economic development near transit and increase transit usage throughout the region,” according to statement released late last month by the RTA. “To date the RTA has leveraged over $20 million through the 19-year history of this program.”
In Maywood, the funding will go toward updating the village’s station area plan for the area around the new Metra commuter rail shelter at 5th Ave. and Main St. The plan is strictly conceptual and is designed to provide guidance for future development, similar to the village’s comprehensive plan.
The RTA, along with the village, Metra, Pace, consultants with HNTB Corporation and Applied Real Estate Analysis, Inc., and citizens collaborated over a decade ago to produce the Maywood Station Area Plan, which was released in 2004. You can read that plan here.
This most recent RTA award will enable consultants and RTA staff members to update that 13-year-old plan. In September, the RTA allowed the public to chime in on the proposed project by emailing comments to the agency.
“The focus of the planning effort will be along the 5th Avenue and Lake Street downtown business corridors within a quarter mile of the station and will explore ways to increase residential density and affordable housing near the station,” according to an RTA statement. VFP
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