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Page 2 - ம்கிலோுரிங் வளர்ச்சி கூட்டாளர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SOM and TnS Studio Design Community Hub for Chicago s South Side

Courtesy of Skidmore, Owings & Merrill (SOM) SOM and TnS are working with lead developer McLaurin Development Partners and Farpoint Development. Dawveed Scully, Urban Planning Associate Director at SOM, noted that, We envision a dynamic mix of community spaces, accessible to all local residents and connected to the surrounding neighborhoods. With flexible spaces that can be used year-round, our plan creates an ecosystem that cultivates upward mobility anchored by entrepreneurialism. Courtesy of Skidmore, Owings & Merrill (SOM) As the team explains, Englewood Connect is designed to elevate Englewood residents through a mixed-use, phased development strategy focused around a flexible public space called the Green Street Commons. In turn, they created the Englewood Living Room, a proposed year-round pavilion for markets, co-working spaces, exhibitions, and places for the community gatherings. The plan also includes the restoration of the landmark “castle” Firehouse station,

Michael Reese development gets Chicago Plan Commission OK

Skidmore, Owings & Merrill A plan for a multidecade, $3.8 billion redevelopment of the former Michael Reese Hospital site won a key city approval Thursday amid praise for its economic impact and its respect for the surrounding community. The approval by the Chicago Plan Commission bolsters hopes that construction on a first phase can start in a few months. But the overall project remains susceptible to changes in the market and specific buildings will require future public reviews. In all, the zoning classification recommended for the South Side site near the lakefront allows for 7.8 million square feet in a mix of uses. It calls for 4,800 residential units, with the investor team led by Farpoint Development committing to setting aside 20% of them at reduced rents for people with moderate incomes.

Developers build rosters for North Lawndale site competition

Tyler LaRiviere/Sun-Times file The Chicago Cubs have their hands full with the competition this year. That says nothing about this year’s race in the National League Central. It’s an outlook drawn from replies to the city’s call for interest in building on nearly 21 acres at Roosevelt Road and Kostner Avenue, once a notorious and illegal dumpsite. The debris is gone, but there’s still environmental work to be done there, estimated at $5 million. So it was striking that when the city advertised for developer interest, none other than the Cubs replied, and with something novel. The team, owned by the Ricketts family, paired with entrepreneur and real estate investor Penny Pritzker, former U.S. commerce secretary, to propose dividing the property between industrial development and a Cubs Urban Youth Academy. It would have ballfields and facilities run by the Cubs’ charitable arm that would teach skills and life lessons to local youth. The alliance is like a Ruth-Gehrig pair

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