North Branch Developer Aims to Fight Rail Car Storage on Goose Island
The railroad tracks that run through Goose Island are often used for rail car storage. In light of new development coming to the North Side Industrial Corridor, many developers that own land are not happy about the rail car placement and what this could mean for their plans, according to the Chicago Tribune.
Iowa Pacific Holdings owns the Chicago Terminal Railroad line. The company places the rail cars on Goose Island as a part of its rail car storage business. The company is citing its federal operating rights, which allows the rail car storage, according to the report.
The Chicago Department of Transportation and developer Sterling Bay are spearheading efforts to eliminate rail car storage on Goose Island, according to the report. Sterling Bay is redeveloping part of the industrial area, and the developer has high hopes that its development could land Amazon’s second headquarters.
“Freight rail activity, including rail car storage, is incompatible with the city of Chicago’s recently adopted North Branch Industrial Corridor Framework Plan and with Sterling Bay’s vision for Lincoln Yards. We have initiated the required steps for federal approval of the abandonment of freight service on rail lines operated by Chicago Terminal Railroad in the North Branch corridor area,” Sterling Bay said in a statement, reports the Chicago Tribune.
Iowa Pacific Holdings is standing by its federal operating rights, according to the report.