Heather Cherone | May 25, 2021 3:49 pm
A rendering of the proposed North Union Development. (Credit: JDL Development)
Aldermen on Tuesday advanced plans to create a new neighborhood on what was once the Moody Bible Institute’s campus on the Near North Side, putting one of the largest residential developments in Chicago in decades one step away from final approval.
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The City Council’s Zoning Committee unanimously endorsed the $1.3 billion plan to transform 8.1 acres sandwiched between the CTA Brown Line and the Gold Coast into the North Union neighborhood, featuring 2,656 homes and apartments, 30,000 square feet of shops and stores and 2.5 acres of parks and open space.