Transit-based Development Is Good For Economic Development

A Palatine, Illinois developer finds that the transit based development model can be easily replicated along the Metra tracks.
December 24, 2001, 8am PST | Chris Steins | @urbaninsight
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"After redeveloping a wide swath of Arlington Heights over the past two years, Joseph Freed & Associates LLC is taking its "transit-based development" model a few stops up the Metra tracks to Palatine.... David Fieldman, Palatine's director of planning and economic development, says Freed's work has already spurred interest from other businesses. Carteaux Jewelers opened downtown earlier this month and "we're talking to other development teams who are interested in sites now in our downtown," he says." (Free registration required.)

Thanks to The Practice of New Urbanism

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Published on Sunday, December 23, 2001 in Crain's Chicago Business
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