Red-Purple Modernization (RPM) Phase One Project TIF

Designation: 2016    Expiration: 2052

Encompassing approximately 3,126 acres of land, the Red-Purple Modernization (RPM) Phase One Project TIF was designated to help finance the rehabilitation of the CTA's Red and Purple rail lines on Chicago;'s North Side. The district includes 16,704 parcels of land generally within a half mile of the Red and Purple right-of-way, from Devon Avenue on the north to North Avenue on the south. Planned, TIF-assisted investments include four station reconstructions (Lawrence, Argyle, Berwyn and Bryn Mawr), reconstruction of track structure and viaducts, and the construction of a rail bypass north of Belmont to increase rail capacity and alleviate train congestion. Phase One is the first of multiple phases of the RPM Program, which will replace nearly century-old infrastructure and stations along Chicago’s busiest rail line with modern tracks, signals and stations that are fully accessible.

 

Redevelopment Plan (PDF)
Intergovernmental Agreement (PDF)
Annual Report (PDF)

Red Purple Modernization Phase One TIF district, roughly bounded on the north by Devon Avenue, Evergreen Avenue on the south, Wells St., Broadway and the Lakefront on the east, and Clybourn and Southport Avenues and Clark Street on the west.

Supporting Information Facts