Chicago Administration Moves to Acquire Greyhound Station Amid Concerns from Key Alderman
The administration of Mayor Brandon Johnson is advancing plans to purchase the downtown Chicago Greyhound station, aiming to preserve it as a vital hub for intercity bus travel. The Community Development Commission has approved two proposals: one to expand a tax increment financing district to include the station, and another to acquire the property. However, Alderman Bill Conway, whose ward encompasses the station, has expressed significant concerns about the administration's approach, particularly regarding public safety, traffic management, and operational plans. The station, currently owned by Twenty Lake Holdings, has been operating on a month-to-month lease since August 2024, following the expiration of a long-term lease with Flix, the company that owns Greyhound. The city plans to invest $35 million next year and an additional $15 million in 2027 for the purchase and refurbishment of the station.