Chicago’s TOD Ordinance
The latest version of Chicago’s TOD (transit-oriented development) ordinance allows developers to do away with minimums in certain districts, opening up the floodgates of more urban-minded housing. The city is gradually moving away from requiring a one-to-one ratio of parking spaces to residential units for new or rehabbed residential buildings. The quicker it does so, the more people will see the impact of investing in urban infrastructure as investment rolls into new walkable, commercial spaces.
Best of Chicago 2015