Skokie Developer Discussion Panel
RTA worked with ULI and the Village to coordinate a developer panel to determine a practical approach to creating a financially-feasible, transit-supportive neighborhood of mixed-use commercial and residential development. The project focused will be along the corridors adjacent to the Oakton-Skokie CTA Station and the neighboring high-density multifamily residential neighborhoods. This effort is intended to support the new CTA station, CTA and Pace Suburban Bus services, and the neighborhood's commercial areas.
This discussion was held on July 10th and a summary of this discussion can be found in the Related Studies section.
In 2020, construction began on a $64 million, 153-unit mixed-use development located at the northwest corner of the intersection of Lincoln Avenue and Oakton Street. Called Highpoint at 8000 North, this development is emblematic of the type of development that Developer Panel participants recommended for the Oakton Street corridor. The Village anticipates that the development will be open for residents in 2022.
Source | Amount |
---|---|
RTA | $3,000 |