SUBSTITUTE ORDINANCE
WHEREAS, The City of Chicago has encouraged transit-oriented development since 2013; and
WHEREAS, Encouraging development around Chicago's transit assets both promotes lower carbon transportation choices and reduces household costs that may be associated with car ownership; and
WHEREAS, Businesses choose to locate near transit for efficiency and to access and recruit from among Chicago's talented workforce; and
WHEREAS, The City's current transit-oriented development policy applies only to rail stations; and
WHEREAS, Certain streets have bus service frequencies and ridership comparable to rail lines in many cities; and
WHEREAS, The transit-oriented development policy may be further improved to promote development and affordability in communities; now, therefore
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CHICAGO:
SECTION 1. Section 17-3-0400 of Title 17 ofthe Municipal Code of Chicago, the Chicago Zoning Ordinance, is hereby amended by inserting the underscored language, as follows:
17-3-0400 Bulk and density standards.
(Omitted text is unaffected by this ordinance.)
17-3-0402-B ML A Reduction for Transit-Served Locations. All projects in B dash 3 and C dash 3 districts located within 1,320 feet of a CTA or METRA rail station entrance or a CTA bus line corridor roadway segment listed in Table 17-10-0102-B. 1 .b or within 2,640 feet of a CTA or METRA rail station entrance or a CTA bus line corridor roadway segment listed in Table 17-10-0102-B. Lb when the subject building is located along a pedestrian street or a pedestrian retail street, and which (1) provide no more than one parking space per dwelling unit, and (2) satisfy the criteria set forth in Sec. 17-13-0905-F, are eligible to use reduced lot area per unit standards as established in the table below. These minimum lot area reductions are allowed only if the project is reviewed and approved in accordance with the Type I Zoning Map Amendment procedures of Sec. 17-13-0302, o...
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