The Chicago City Council has approved plans for Foundry Park, the massive redevelopment of the northern portion of the former Lincoln Yards site. Located on the western edge of Lincoln Park, the approval marks an official end to the previous megadevelopment vision and gives developers JDL and Kayne Anderson the green light to break ground this fall on Phase One.
Site map of Foundry Park by HPA and Nudge Design
In the works for several months, Foundry Park will reimagine the former steel mill site as a live-work-play neighborhood anchored by active commercial corridors and 34 acres of public green space. Earlier this year, we took an in-depth look at each phase of the $3 billion proposal which can be found here.
Foundry Park massing and program diagram by HPA and Nudge Design
Rendering of Foundry Park by HPA and Nudge Design
The master plan calls for 3,207 residential units ranging from apartments to single-family homes; 350,000 square feet of medical and traditional office space; and 420,000 square feet of retail and commercial space across five sub-areas centered on Southport and Cortland avenues.
Basement – ground – tower plans of phase one of Foundry Park by HPA and Nudge Design
Phase One will occupy the triangle-shaped parcel bounded by those two streets and Kingsbury Street to the east. Plans include a two-story underground garage with 800 spaces, topped by a large central park with year-round programming, and four buildings ranging from eight to 38 stories, with the tallest rising 520 feet.
Rendering of Foundry Park by HPA and Nudge Design
Rendering of Foundry Park by HPA and Nudge Design
This initial phase will deliver roughly 800 residential units, 180 hotel rooms, and substantial retail and amenity space at an estimated cost of $800 million. Subsequent phases will add the remaining density, 10 acres of green space, 3,000 linear feet of riverwalk, and a connection to a future 606 Trail extension.
Rendering of Foundry Park by HPA and Nudge Design
With approval secured, the team aims to break ground as soon as possible. Before that can happen, however, the developers and the city must finalize funding for required infrastructure improvements and amend the previously approved Lincoln Yards plan.
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Wow this is huge!! Cant wait to follow this project and see the impact on the neighborhood. Kudos to JDL for getting the job done, SB should get their act together after that fumble.
I’m hoping the city talks more about the 606
Did I miss it or is the funding not approved yet?
I believe the funding for infrastructure (including the 606 extension one hopes) will be from TIF T-183.
I think they got their colors mixed on the site map – no parking (grey) but huge fitness facilities (green).
It will be exciting to see this project move forward in the upcoming years, similar to how Lakeshore East develop
Absolutely awesome as long as the residents don’t treat the area as their pseudo-gated community. Yes, I’m talking to you, Riverview residents that tend to forget North Water Street is a public road and the riverfront is public space.
Do the engineers plan for possible power outages in the future?
In the sense that critical systems are designed not fail without power? Yes. But there is no need to plan for frequent or long power outages in Chicago– this isn’t Texas.
None of this will get built.