Tuesday, January 9, 2018 || By Michael Romain || @maywoodnews
Featured image: A screenshot of the 2004 Transit Oriented Development plan, which RTA and Maywood officials will update starting this year.
Last month, the Maywood Board of Trustees authorized a technical assistance agreement with the Regional Transportation Authority, which will start the process of updating a 13-year-old Transit Oriented Development (TOD) plan for the area within walking distance of the Maywood Metra Station, located on 5th Ave. and Main St.
“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 released last year.
The RTA announced in October that Maywood was one of nine municipalities that were selected to receive funding and technical assistance for projects that support local transit, help reduce congestion and improve air quality.
Last month, village officials revealed that the budget for the plan update is $65,000, with 95 percent, or $61,750, coming from the RTA and 5 percent, or $3,250, coming from the village.
The TOD 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.
The project to update the plan is scheduled to begin by April. VFP