The site of the long-defunct hospital is poised to be transformed into a new Chicago neighborhood offering 4,800 homes, plus offices, research facilities and stores as part of a $4 billion redevelopment. “This has been a long time coming,” said Ald. Sophia King.
The project is backed by Ald. Walter Burnett (27th Ward) and Ald. Brian Hopkins (2nd Ward), putting the massive development on track to win final approval at Wednesday’s City Council meeting.
The proposed mega-development would create residential and retail space, parkland and a transit hub on top of the Metra tracks just west of Soldier Field. Why some lawmakers want to block state financing for the splashy, $20 billion plan.
A permanent casino could open as soon as 2025 in Chicago, although slot machines could start ringing at O’Hare and Midway airports much sooner — with tentative plans for a temporary gaming palace also in play.
When city leaders and developers discuss new plans for major real estate projects, some groups are often left out of the discussion. What’s being done to bring more Black and Latino developers into the industry.
The Chicago Plan Commission approved a $3.8 billion effort earlier this year to overhaul the former Michael Reese Hospital site in Bronzeville, just west of the lakefront on 31st Street. The team behind the development is thinking big and working toward community buy-in.
Mayor Lori Lightfoot said the revised ordinance was “better” than her administration originally proposed and will “put our city on the right track to full ensuring that our residents have clean air, no matter what ZIP code in which they reside.”
Aldermen are sharply divided on the issue after a proposal from Mayor Lori Lightfoot was significantly revised. Alds. Jason Ervin, Maria Hadden, Byron Sigcho-Lopez and George Cardenas weigh in.
The metamorphosis of the land along the North Branch of the Chicago River from an industrial powerhouse into Chicago’s newest community area is poised to take another giant step forward at Wednesday’s full City Council meeting.
The Obama Presidential Center can be built in Jackson Park after a federal review that lasted nearly four years concluded the $500 million project will have “no significant impact” on the federally protected park.
The number of distribution centers being built in the Chicago area is on the rise. Supporters say they can create jobs in places that have long faced disinvestment and unemployment. But critics say they aren’t always good jobs.
Eleven firms are interested in building or operating a casino in Chicago — and eight told Mayor Lori Lightfoot that it should be downtown, according to a limited summary of the proposals submitted by firms released by the mayor’s office.
Opponents of the Obama Presidential Center care more about trees and traffic than they do about people impacted by decades of systemic disinvestment, proponents of the project said in an open letter.
El Paseo Community Garden is hosting an open house Saturday to celebrate its achievements in 2020, which include the city handing over a half-acre vacant lot that neighbors feared would be developed into luxury condos.
After a developer purchased a neighborhood plaza earlier this year, some residents and business owners are concerned the fabric of the community — known as the epicenter of Mexican culture and commerce for the entire Midwest — could be at risk.
Mayor Lori Lightfoot took the first step Thursday toward making the long-planned Chicago casino a reality, asking firms interested in building and operating “a unique entertainment and gaming experience” to make their pitch to city officials.