The long-awaited Metra station that is proposed to be built at the corner of Peterson and Ravenswood in Edgewater has been officially granted $15 million in the new state budget. However, it will need Governor Rauner’s approval first.

Though the money allocated towards the project is a positive move forward, a spokesman for Metra confirmed that the project has not been given a green light. According to a DNAinfo report, Metra said that they are still waiting to hear as to how the money will be reallocated.

In addition, Metra also needs further information from the Illinois Department of Transportation (IDOT) to begin the station. Because Peterson Ave. is designated as U.S. Highway 14, the project has to be approved by IDOT.

Both Alderman Harry Osterman and Patrick O’Connor remain hopeful that the project will begin soon. Earlier in the year, Osterman acquired $10 million towards the station. That money is still there, ready to use.

The Peterson Metra station, which was first announced in 2012, will cost around $15 million to build and will include a platform with covered portico and warming area. The design also features a vehicle entrance with a round-about for departing/arriving passenger pickup. If completed, the station will be the Union Pacific North Line’s fourth stop from downtown.