Red Line extension cost shows CTA needs reform

May 22, 2025, 8:11 PM•crainalerts

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Afternoon 10

Thursday, May 22, 2025

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1. Greg Hinz: It’s time to hit reset on the CTA's $1B-per-mile Red Line extension

2. Appraisal Institute drops officer accused of sexual misconduct

3. Loop Capital's Jim Reynolds: No sacred cows in fixing Chicago's $1B budget gap

4. Private credit firm expanding, moving to revamped Loop tower

5. Executives' Club names a new CEO

6. Investors rescue Lion Electric from bankruptcy — but idled Joliet plant will remain dark

7. GTCR races to record $5 billion return after flurry of sales

8. Local investor tees up retail development in Hawthorn Woods

9. Gary wins bid for $100M convention center and hotel complex

10. Early 1960s dune-top home in Beverly Shores for sale for the first time

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