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The Chicago Transit Authority's (CTA) board last week awarded an $11.7 million construction contract to Ragnar Benson Construction LLC as part of the agency's plan to renovate the Quincy Station in the Chicago Loop.

The $18.2 million renovation project calls for adding two elevators and taking steps to preserve the appearance of the station, which is one of the CTA's oldest. The project also includes stair replacement, painting and lighting improvements, agency officials said in a press release.

Built in 1897, the Quincy Station accommodates more than 2.2 million rides annually on the Brown, Orange, Pink and Purple train lines. The station provides connections to  Union Station and the LaSalle Street Metra Station.

Construction is expected to start later this year.