Waterton closed on a $16 million preferred equity investment for the development of the Residences at Eastbank, a five-story, 258-unit, mid-rise apartment building at 100 N. Broadway in downtown ...

Metra is exploring financing options to address the urgent need to replace its ageing bridge infrastructure in the Chicago metropolitan area.

Waterton has provided a $16 million preferred equity investment for the development of the Residences at Eastbank, a 258-unit apartment complex in downtown Aurora. Chicago-based DAC Developments is ...

The commuter rail agency is seeking $230 million from the federal Railroad Rehabilitation & Improvement Financing program to ...

Commuter operator Metra says it is considering the rarely used option of outside financing to address its increasingly urgent need to replace aging bridges. Metra owns 446 of the 926 bridges on its ...

Metra may leverage low-interest federal loans to replace or repair some of its oldest bridges. At a Wednesday meeting, board ...

The clock is ticking for transit agencies facing a crater-sized budget hole, Metra Executive Director Jim Derwinski warned at ...

To start the new year, New York City instituted a forward-thinking policy Jan. 5. Every personal vehicle entering Manhattan ...

Facing a long-feared fiscal cliff next year, Chicago-area transit operators have warned of a 40% service cut and sometimes ...

As many members of the Northwestern community undoubtedly know, the Chicago Transit Authority is facing a crisis. Transit ...

Both Monday and Tuesday are non-attendance days for Chicago Public Schools students. The weather is also keeping mechanics busy. The owner of Wells Automotive Service Frank Guske said the low tire ...

Video obtained by FOX 32 Chicago showed flames coming from a Metra train Monday evening, causing significant delays.