title
PROPOSED GRANT AWARD
Department: Bureau of Asset Management
Grantee: Bureau of Asset Management
Grantor: Department of Housing and Urban Development (HUD)
Request: Authorization to accept grant
Purpose: CTA Rosemont Blue Line Station Transit Oriented Development
Grant Amount: $300,000.00
Grant Period: 9/4/2024 - 8/31/2030
Fiscal Impact: FY 2026, $300,000.00
Accounts: 11900.1031.TBD.520830
Concurrences:
The Budget Department has received all requisite documents and determined the fiscal impact on Cook County, if any.
Summary: The Cook County Bureau of Asset Management will use this funding among other sources for preliminary planning and assessment for a redevelopment project at the Rosemont Blue Line Station, located at 5801 N. River Road in Rosemont, Illinois.
This project, once started, would develop an underutilized parcel of land that currently serves as a parking lot for the CTA Rosemont Blue Line station, the busiest CTA station outside of the city limits. The project would expand available parking and develop a transit-oriented development, including a mixed-use commercial building to provide services for those accessing the station.
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