Alderman Bill Conway's eyes widened in shock as he stumbled upon Mayor Brandon Johnson's plan to build a new $50 million Greyhound station. The discovery was made while Conway was reviewing TIF reports distributed to City Council members outlining projects in their wards.
According to Conway, the line item read "Greyhound station" and allocated $35 million for the project next year, with an additional $15 million set aside for 2027. However, unlike other projects funded by the tax increment financing district, the location of the new city-owned station remains unknown.
Conway expressed concerns about the transparency surrounding the project, stating that he had not been consulted and wondered if there were other secret plans in the works that would burden taxpayers further. "It's shocking," Conway said. "If I find this by looking on my own, what else is the mayor's office hiding that will cost taxpayers more?"
The discovery has reignited discussions about the city's budget and transportation priorities. Johnson had initially planned to divert $71.9 million from the Canal-Congress TIF to support various projects, including the rescue of Chicago Public Schools and funding for a new stadium in the South Loop.
Conway pointed out that the funds allocated for the Greyhound station could be better spent on addressing infrastructure needs and improving transportation efficiency, citing concerns about rising costs and inefficiencies identified in an Ernst & Young report. "I am not opposed to the Greyhound station," Conway said, "but it's worth a conversation about whether we should be giving a private equity subsidiary taxpayer cash at this moment."
The mayor's office has yet to comment on the project, but Planning and Development Commissioner Ciere Boatright offered to bring together responsible parties to explain the project's status.
According to Conway, the line item read "Greyhound station" and allocated $35 million for the project next year, with an additional $15 million set aside for 2027. However, unlike other projects funded by the tax increment financing district, the location of the new city-owned station remains unknown.
Conway expressed concerns about the transparency surrounding the project, stating that he had not been consulted and wondered if there were other secret plans in the works that would burden taxpayers further. "It's shocking," Conway said. "If I find this by looking on my own, what else is the mayor's office hiding that will cost taxpayers more?"
The discovery has reignited discussions about the city's budget and transportation priorities. Johnson had initially planned to divert $71.9 million from the Canal-Congress TIF to support various projects, including the rescue of Chicago Public Schools and funding for a new stadium in the South Loop.
Conway pointed out that the funds allocated for the Greyhound station could be better spent on addressing infrastructure needs and improving transportation efficiency, citing concerns about rising costs and inefficiencies identified in an Ernst & Young report. "I am not opposed to the Greyhound station," Conway said, "but it's worth a conversation about whether we should be giving a private equity subsidiary taxpayer cash at this moment."
The mayor's office has yet to comment on the project, but Planning and Development Commissioner Ciere Boatright offered to bring together responsible parties to explain the project's status.