july 2005 blue island economic development plan summary presentation 3 draft ii market conditions and opportunities a transit oriented tod growth the for housing retail service businesses privately owned elements of is growing rapidly s population grew by 10 between 1990 2000 median sales price all homes in rose from 93 588 to 130 210 2004 equalized assessed valuation eav basis property tax assessment 172 million 208 17 increase five years 400 unit rate breaking ground less than mile vermont street metra stations buying power has relatively dense that gives it more per square greater capacity support many types most south suburbs this strengthened institutions companies draw workers visitors main district foremost these anchoring st francis hospital employs 1400 staff generates 500
