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Preservation projects in Aledo, Chicago, Nauvoo, Paris, Towanda & Waukegan win awards from Landmarks Illinois
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A Look at the Pullman National Monument Ahead of its Labor Day Weekend Opening
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CRG Announces Ciere Boatright as Vice President of Real Estate and Community Development
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UpdatedFri, Jul 23, 2021 at 9:49 am CT
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The first phase of the redevelopment plan includes the 500,00-square-foot ARC Innovation Center anchored by Israel-based Sheba Medical Center. (SOM)
CHICAGO The City Council approved the sale of the former site of Michael Reese Hospital to a developer as part of a $3.8 billion revitalization project called Bronzeville Lakefront.
The 48.6-acre property was purchased by the city in 2009 for $91 million amid its unsuccessful bid for the 2016 Olympic Games. Since then, it has been floated as a potential site for a Chicago casino or Amazon headquarters.
Under the deal given the greenlight Wednesday, the city will sell the land to a developer in multiple phases over the next 14 years for a total of nearly $97 million.
Progress on Michael Reese Hospital redevelopment and Obama Presidential Center
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