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City officials and developers broke ground on $3.8 billion mixed-use community project in Chicago’s Bronzeville neighborhood Wednesday.
With an official groundbreaking Wednesday, infrastructure work will begin for the $4.3 billion Bronzeville Lakefront mixed-use project, called the largest ever in Chicago.
Skidmore Owings & Merrill We’re encouraged that the City Council has given the green light — and some greenbacks — to a $4 billion plan to turn the former Michael Reese Hospital campus into a new community that will include businesses, housing and parkland. While construction on the massive Bronzeville Lakefront project is expected to begin this year, the turnaround will take 20 years, if successful. The nearly 50-acre site is bounded by 26th Street, 31st Street, Lake Park and Vernon avenues. Editorials “This is a mega-development that will truly impact the entire city,” Ald. Soph...
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 ...