DNA Info Chicago discusses an informal study the Chicago Transit Authority conducted that showed, “since the [Morgan Green/Pink Line] station opened in May 2012, residential and business development in the surrounding neighborhood has continued at a faster pace than nearly all other markets within the city during the post-recession period.”
Morgan connects two major restaurant rows, one on Randolph Street that stretches much further east at Jefferson all the way west to Racine, and another on Fulton Market that starts at Carnavale (next to the Kennedy Expressway) and stretches to Morgan. Google’s huge new headquarters (under construction) and Coyne College – an HVAC institute – are within walking distance.
Using ridership information and commercial rents data, as well as information from the Chicago open data portal, CTA spokesperson Catherine Hosinski listed the following findings in the study:
- “A more than 20 percent increase in new business licenses.”
- “New construction and demolition permits spiked from one to 15. (The new construction/demolition permits issued after the opening of the station were compared to a 21-month period during the construction from August 2010 through May 2012)”
- “Average weekday ridership increased 30 percent between May 2013 and May 2014, according to information reflecting a 12-month rolling average over a 36-month period.”
- “Average weekend ridership increased more than 20 percent.”
Item #2 is data that we can see on Licensed Chicago Contractors. To help CTA planners and residents see this information more readily I’ve added all 145 CTA stations as places you can explore from the Places page.
How can you use this new place in connection with CTA’s study? With it you’ll be able to easily see building permits issued within half a mile from the CTA station and download this data for the last 9 years. You can also sort by projects’ estimated costs to find the biggest investments near the station.
Hosinski admits an important part of the study when she told DNA Info, “the West Loop was showing signs of becoming a booming neighborhood before the station was built…its presence has contributed to the migration of commuters and residents to the area.” Hosinski also said that you’ll find CTA stations at the heart of “most” Chicago neighborhoods and now CTA stations are part of the heart of tracking building permits.
Here’s how to track building permits (including demolitions and new construction) around any CTA station: