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U.S. Senator Mark Kirk (R-Ill.) today introduced legislation that would make the Chicago Transit Authority (CTA) eligible for a program that speeds completion of rail improvement projects, such as the Red and Purple Lines Modernization program. The Expedite Transit Act, S. 1734, would expand eligibility criteria of a federal transportation funding program to provide local transit agencies such as the CTA with increased access to public-private partnerships and innovative financing

CHICAGO, IL - August 25, 2009 - (RealEstateRama) -- Governor Pat Quinn signed the Intermodal Facilities Promotion Act, which is designed to encourage business development along the freight rail systems of Illinois. Based on experience with their existing Elwood facility, CenterPoint Properties projects 7,000 permanent new jobs being brought to Illinois through an intermodal facility in Joliet