The CTA is abuzz with new projects these days, having successfully avoided fare hikes during dire budget negotiations this summer. Now another $65 million investment will deliver the new Cermak / McCormick Place El Station Mayor Rahm Emanuel promised early this year, as well as new library, school and three-story building rehab for the South Loop. New renderings presented by the Mayor on Friday show the new Green Line stop, which will be designed by Carol Ross Barney, principal at Ross Barney Architects. It’s a sleek tunnel shape, reminiscent of Rem Koolhaas’ IIT Green Line stop. Coming from the same architect who designed CTA’s last major addition, the celebrated (if pricey) Morgan station, news on this improvement to El service was highly anticipated by residents in Motor Row and South Loop. The neighborhoods rode higher and fell further than most in the city over the past decades; now a resurgence of downtown residents may have primed the pump for a broader renaissance just south of the Loop. If it does, new CTA service should soon make it easier to check out.