Chicago Partner Greg Hummel co-authored an op-ed piece published Dec. 12 by Crain’s Chicago Business. Hummel and his co-authors outlined why President-elect Donald Trump’s trillion-dollar infrastructure plan offers Chicago a unique opportunity to grow its rapid transit and commuter rail systems while simultaneously stimulating large-scale private investment. The article proposes a two-initiative strategy, which is being led and promoted by the Alliance for Regional Development (ARD) and the Chicago Central Area Committee (CCAC), of which Hummel is the current chairman. The first initiative includes launching the Connector, a new rail line serving Chicago’s quickly growing central area. The second initiative would focus on upgrading the Metra Electric commuter line on the South Side along with improving commuter transit in the tristate region. The initiatives would be funded through a combination of tax credits for investors and a public-private partnership (P3), financing transit improvements thereby creating transit villages in underserved areas, enabling workers from all parts of the city and region to reach jobs in the growing core. The article was first published Dec. 6 online by Crain’s.
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