The $240-million reconstruction project, slated to begin in spring 2014, will create a brand-new, reconfigured station to serve the CTA's busiest rail line, but also a facility that will serve as a community focal point and an anchor for economic opportunity on Chicago's South Side. The terminal project, expected to generate about 700 construction jobs, follows the on-time, on-budget reconstruction of the Red Line South between downtown and 95th Street. The Red Line South reopened in October and has resulted in smoother, faster and more reliable rides for customers.
"This is a once-in-a-generation opportunity to make a significant investment in both the South Side and the Red Line and its riders," said Chicago Mayor Rahm Emanuel. "The Red Line is the backbone of our transportation network and this new station will drive economic activity throughout the city for years to come."
Built in 1969, the 95th Street station serves as both a train terminal and an integrated bus terminal, serving about 20,000 customers on an average weekday. The station is one of CTA's busiest, with 24-hour Red Line service and more than 1,000 CTA and Pace bus trips on a typical weekday. These buses connect Far South Side communities to the CTA rail network; there are roughly 300,000 people who live within walking distance of the CTA bus routes serving the 95th/Dan Ryan Terminal.
Though the construction schedule has not been finalized, the 95th Station is expected to remain open throughout the construction project.