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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.
Hartshorne Plunkard Architecture
City planners Thursday endorsed a developer’s multiyear plan to build on Near North Side property owned by Moody Bible Institute, praising the overall design and the collaborative process with community groups that produced it.
The proposal by JDL Development, with an estimated value of $1.3 billion, calls for up to 2,680 residential units and 30,000 square feet of commercial space. It also would provide 2.5 acres of publicly accessible parks, a widely praised feature that JDL enlarged after community meetings.
“This is one of the most optimistic developments I have seen in my time here,” said the city’s planning commissioner, Maurice Cox. Highlighting design changes the developer made to integrate the buildings with the dense neighborhood around it, Cox said, “It’s reassuring to see someone work successfully with the city grid that they’ve been handed.”