Lake Villa Downtown TOD Plan
Description
This project created a transit-oriented development plan for an approximate 1/2 mile radius of the existing Metra station within the Village. The plan focused on expanding new development and redevelopment opportunities and providing a balanced mix of housing and jobs in the Metra station area. The TOD plan was adopted as part of the Village's Comprehensive Plan in September 2013.
Current Activities
The RTA worked with the Village to prepare a marketing brochure that highlights the opportunity sites and concept plans illustrated in the TOD plan. The brochure was completed in August 2014 and the Village will use it to court prospective developers. The brochure can be found below in the Study Documents.
In early 2015 the RTA applied for CMAQ funding on behalf of the Village, as a selected project in the Access to Transit Improvement Program, for sidewalk & access improvements in the Metra station area and was awarded funding (including Lake Villa). Projects should begin construction in 2017 or 2018.
In September 2017, the Village Board voted to designate the Metra station area a Business District in order to spur redevelopment. The additional taxes generated from the business district will be used for area improvements such as enhancements to private buildings, public infrastructure upgrades and beautification efforts.
In early 2015 the RTA applied for CMAQ funding on behalf of the Village, as a selected project in the Access to Transit Improvement Program, for sidewalk & access improvements in the Metra station area and was awarded funding (including Lake Villa). Projects should begin construction in 2017 or 2018.
In September 2017, the Village Board voted to designate the Metra station area a Business District in order to spur redevelopment. The additional taxes generated from the business district will be used for area improvements such as enhancements to private buildings, public infrastructure upgrades and beautification efforts.
Related Reports
Project Type
Transit-Oriented Development Plan
Project Year
Project Status
Completed
Grantee
Lake Villa
Planning Program
Community Planning
Funding Amounts by Source
| Source | Amount |
|---|---|
| RTA | $99,872 |
| Local | $24,968 |
Last Updated 10.02.2017