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Community project boosts local economy and attracts development

September 11, 2024 | Chicago Transit Authority Board, C, Boards and Commissions, Executive, Illinois


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Community project boosts local economy and attracts development
In a recent government meeting, officials provided updates on ongoing infrastructure projects and community outreach efforts, highlighting significant progress and engagement with local businesses. The Windy City gantry is nearing completion of its segmental box structure just north of Argyle, with expectations to finish within the next month. This project is part of a broader initiative that includes regular communication with the 44th, 46th, and 48th Wards.

The meeting also showcased the success of the Transit Asset Management (TAM) requirements, which have been integrated into project operations. This initiative has allowed contractors to compile essential data that enhances asset management and workflow efficiency.

As of July, the RPM phase 1 project has awarded contracts totaling over $279 million to 119 unique Disadvantaged Business Enterprises (DBEs), with 54 of those firms being new to the Chicago Transit Authority (CTA). The project has also seen significant workforce engagement, with over 2,300 individuals logging more than 1.8 million labor hours and earning upwards of $111 million.

Community engagement remains a priority, with participation in various local events, including the Argyle Night Market and the Edgewater Farmers Market. The CTA is actively promoting its \"Open for Business\" campaign, aimed at supporting local businesses and ensuring their needs are met.

Director McHale noted that the new stations are already attracting development, citing examples like the Damon and Western stations, which have seen nearby economic growth. The meeting concluded with a commitment to continue advocating for and investing in local businesses and workforce development initiatives.

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Scribe from Workplace AI
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