Real Estate

In order to construct, operate, and maintain the proposed West Lake Corridor Project, it will be necessary for NICTD to purchase private property. When property is identified to be purchased, other avoidance and minimization measures will have been considered. That property will have been determined to be the best location for the West Lake Corridor Project to serve the public. As a result, it may be necessary for NICTD to acquire properties for the West Lake Corridor Project.

Local, state, and federal regulations and laws govern the purchase of private property for public use. These laws ensure that owners of property purchased for public projects are treated fairly and consistently. They are designed to encourage and expedite purchases by agreements with property owners, to minimize litigation and relieve congestion in the courts, and to promote public confidence in land acquisition programs designed to benefit the public as a whole.

The Uniform Relocation Assistance and Real Property Acquisition Polices Act of 1970 provides for uniform and equitable treatment of persons displaced from their homes, businesses, or farms by federal and federally-assisted programs, and establishes uniform and equitable land purchase policies. Federal regulations implementing the Uniform Act (49 CFR Part 24) establish the process that must be followed.

NICTD will begin negotiations of properties in late 2017.

For more information on the property purchases and relocation, click here.