Northwest Indiana real estate experts say the Region can expect to continue seeing an upward trend in home buying in the area for a variety of reasons, including rail improvements.
In this issue
Global pandemic aside, observers of business activity in Northwest Indiana may say the Region was void of any crisis the past year.
Track pursuits pay off
The long-awaited West Lake Corridor and double-track transportation projects are laying the groundwork for development near new stations.
Region’s building boom
Despite nationwide economic stagnation, the Region’s commercial real estate boom appears poised to continue in the months ahead, experts say.
Double Track Northwest Indiana Project secures $50.6 million in federal funds
A project to improve more than 26 miles of rail tracks from Gary to Michigan City has received more than $50 million in federal support.
West Lake Corridor Rail Project receives $100 million in federal funds
The West Lake Corridor Rail Project appears to be on the fast track. The U.S. Department of Transportation on May 29 announced the project, which involves construction of a new eight-mile rail line extending from Hammond on the north to Dyer in the south, with four new stations, will receive $100 million in federal dollars […]
Northwest Indiana double-track rail project clears another hurdle
The Northern Indiana Commuter Transportation District, operator of the South Shore Line, received approval from the Federal Transportation Administration to begin final engineering for its Double Track Northwest Indiana Project.
Rail expansion leads way
The passenger rail expansion movement has spurred Region leaders and developers to think beyond the usual growth projects.
Double-tracking rail project progressing with construction tentatively targeted to start in 2021
The double-tracking proposal is moving through the process and The Northern Indiana Commuter Transportation District, which is overseeing the project, remains optimistic construction will begin in 2021
West Lake corridor rail project clears another hurdle
The West Lake Corridor Project, which would extend the South Shore Line eight miles and provide new rail service to Hammond, Munster and Dyer, has cleared another hurdle. The Federal Transit Administration recently gave the project a medium-high rating, according to the Northwest Indiana Regional Development Authority. The rating was needed for the West Lake […]