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Chicago Buys Greyhound Station
Description
Chicago just bought the South Loop Greyhound station for $19 million to keep a vital transit hub alive—saving hundreds of thousands of riders who depend on it for work, health care, and family visits. The city plans to run the terminal by late summer, leasing space to bus companies like FlixBus to cover costs, while major upgrades like HVAC and security systems are already in the works. Though some council members warned the total cost could balloon past $50 million and questioned the city’s ability to manage it, the majority backed the move as a smarter, more affordable alternative to rebuilding from scratch. This purchase, far below market value, ensures continuity and safety for one of the city’s most essential public assets.
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