Chicago Moves to Buy Greyhound Station Amid Alderman's Concerns
The City of Chicago has taken a significant step toward purchasing the downtown Greyhound station at 630 W. Harrison St. to preserve intercity bus services. The Community Development Commission unanimously approved plans to expand a tax increment financing district and acquire the property from Twenty Lake Holdings, owned by Alden Global Capital. Mayor Brandon Johnson’s administration intends to spend approximately $50 million over two years for purchase and rehabilitation. However, the initiative faces potential hurdles in the City Council. Alderman Bill Conway, whose ward includes the station, expressed strong dissatisfaction with the administration’s lack of detailed planning regarding public safety, traffic management, and operational logistics. Conway described the hearing as a failure, despite previously issuing a letter of no objection for the financing expansion. The station’s future has been uncertain since Flix’s long-term lease ended in 2024. Transportation experts and activists support the municipal takeover, warning that without intervention, the facility could deteriorate further, forcing buses to chaotic curbside locations similar to issues seen in other major cities.
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Chicago Moves to Buy Greyhound Station Amid Alderman's Concerns
The City of Chicago has taken a significant step toward purchasing the downtown Greyhound station at 630 W. Harrison St. to preserve intercity bus services. The Community Development Commission unanimously approved plans to expand a tax increment financing district and acquire the property from Twenty Lake Holdings, owned by Alden Global Capital. Mayor Brandon Johnson’s administration intends to spend approximately $50 million over two years for purchase and rehabilitation. However, the initiative faces potential hurdles in the City Council. Alderman Bill Conway, whose ward includes the station, expressed strong dissatisfaction with the administration’s lack of detailed planning regarding public safety, traffic management, and operational logistics. Conway described the hearing as a failure, despite previously issuing a letter of no objection for the financing expansion. The station’s future has been uncertain since Flix’s long-term lease ended in 2024. Transportation experts and activists support the municipal takeover, warning that without intervention, the facility could deteriorate further, forcing buses to chaotic curbside locations similar to issues seen in other major cities.
chicagotribune