Posts tagged "real estate"

Hopes for a nice place to get a cuppa joe at the rail station

(Read the first two installments on the CTA’s contract with Jones Lang LaSalle.) Toward the end of our visit, I asked both the CTA’s Bill Trumbull and JLL’s Sandra Greene about what successes they hoped to accomplish in the next year. Greene gave both a corporate and more human response: “We hope to make reasonable... Read more »

CTA sorts through RFPs for 29 rail concession locations

In yesterday’s post, I reviewed the first year of Jones Lang LaSalle’s contract with the CTA to handle concessions, parking and transit-oriented development. JLL recently put out an RFP to rent 29 concession locations at 25 rail stations. Please see the continuation for a list of the 29 locations. The criteria for inclusion in the... Read more »

A year in review: Progress report on CTA real estate deal

Just over a year ago, the CTA signed a five-year, $4.2 million contract with Jones Lang LaSalle. Its mission statement is to “efficiently manage the real estate and revenue generating assets of the CTA in order to increase revenues and improve operations for the benefit of riders and other stakeholders.” In 2008, the CTA had... Read more »