Oak Forest Developer Discussion Panel
The RTA, in partnership with the Urban Land Institute (ULI) coordinated a panel of development experts to provide input, guidance and advice to the City of Oak Forest as they work to attract TOD in the Oak Forest Metra station area. This Developer Discussion Panel was part of plan implementation efforts related to the Chicago Southland TOD Corridor Planning Study Phase II study that included the preparation of pre-development work and associated market supportable conceptual development plans for a specific development site located in proximity to the Oak Forest Metra station. For more information on the Phase II study please visit http://www.rtams.org/rtams/planningStudy.jsp?id=537.
The Developer Discussion Panel took place on December 10, 2013 and the Summary Report can be found in the side panel under Related Documents. This discussion helped the Village finalize a 60-unit IHDA-funded rental development located along 157th street adjacent to the Oak Forest Metra Station. This project received preliminary approval from IHDA in 2014 and construction may begin in 2015.
In early 2015, the RTA applied for CMAQ funds on behalf of the City for pedestrian improvements and bike signage in the Metra station area. Chosen CMAQ projects were announced in October 2015 and the Oak Forest project was included.
In 2024 construction was completed of a new mixed-use, multi-family development at 157th Street and Cicero Avenue. Located a brief walk from the Oak Forest Metra rail station and Cicero Avenue Pace bus line in Oak Forest, the community includes 75 apartments and 15 townhouses.
| Source | Amount |
|---|---|
| RTA | $3,750 |