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Skidmore, Owings & Merrill The city wants to sell the former Michael Reese Hospital property to developers for at least $96.9 million, but taxpayer costs for an environmental cleanup and public works needed for the multiyear project could cost almost as much. The sale, expected to be voted on Tuesday by the Community Development Commission, includes a pledge to repay developers up to $60 million to extend city streets into the 48-acre site near 31 st Street and Lake Park Avenue. A report prepared for the commission said the city will seek federal infrastructure money to help pay for the work....

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 ...