The intercity bus terminal is a 15-minute walk from Chicago’s Union Station, served by Amtrak, and five minutes from a CTA Blue Line station.
The city of Chicago may purchase the city’s intercity bus station to rescue it from redevelopment.
Greyhound’s lease on the station, which is owned by Twenty Lake Holdings, expired in 2024. After years of lobbying from Better Streets Chicago and other local advocates, “The Chicago Department of Planning and Development wants to expand an adjoining tax increment financing district to include the Greyhound station.”
The Chicago Development Commission will hold a hearing in April to introduce the TIF amendment proposal. The city council will vote on the measure in May, and could decide to make the purchase at their next council meeting.
Flix North America CEO Kai Boysan supported the move, saying in an email, “Public investment reinforces that intercity buses are an essential part of the transportation ecosystem and helps ensure a safe, centralized, and well-maintained facility that passengers and operators can rely on.”
FULL STORY: Chicago might buy its downtown intercity bus station
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