Three new transit development districts along South Shore Line routes were approved Thursday by the Northwest Indiana Regional Development Authority.
Also Thursday, Sherri Ziller, the RDA’s president and CEO, said the RDA expects to pick a firm next month to update the RDA’s previous feasibility study for a new Lake County convention center. The goal is to present an updated study to the Lake County Commissioners on March 1, 2024, she said. The new transit development districts, which provide tax benefits to developers there, will be official after getting the State Budget Committee’s blessing, which could happen Oct. 27.
The Indiana General Assembly this year appropriated funds to tear down the existing Gary Metro station, which serves the South Shore Line and city buses, and to build a new station, and to demolish crumbling buildings in the downtown Gary area. The South Hammond Transit Development District covers only 201 acres, of the 320 possible for a new district.
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