Improvements to the Chicago Transit Authority’s historic Quincy Street elevated station in the Loop will move forward through $15.7 million in Tax Increment Financing (TIF) approved today by City Council.

The work, to be entirely funded by TIF, will include new stairways, lighting, roof repairs, and the installation of two elevators to make the station’s east and west passenger platforms accessible to people with disabilities.

Built in 1897 at 220 S. Wells St., the Quincy station services the Brown, Orange, Pink and Purple transit lines, accommodating about 2.2 million riders annually. Its ridership increased nearly 10 percent between 2010 and 2011. Construction would begin in 2014.

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