Initial details have been revealed for a mixed-use development at 4547 S State Street in Bronzeville. Located just north of the intersection with E 46th Street, the new building will replace two vacant lots near the Green Line at 43rd Street station. The project is being developed by Steele Consulting Group with Guider Group LLC serving as the architects.
Details have been revealed for a new mixed-use development at 1016 W Lake Street in Fulton market. Located on the intersection with N Carpenter Street, the project would replace a surface parking lot next to a strip of townhomes facing the train tracks. The proposal is being led by a team made up of New York-based Cogswell Realty and Chicago-based Erol Stapleton, with M Moser Associates working on the design.
A new land sale has been announced for the property at 527 W Kinzie Street in the Fulton River District near The Loop. Located by the river and directly next to the upcoming Cassidy on Canal tower, the lot had originally been earmarked for a potential residential development. The sale is being executed by CBRE on behalf of the owner Vornado Realty Trust, who is based in New York and owns Merchandise Mart.
New details have been revealed for major investments on Chicagoland auto plants as part of a deal with United Auto Workers. The two largest winners are the Stellantis Belvidere factory at 3000 W Chrysler Drive, and the Ford factory at 12600 S Torrence Avenue in Hegewisch. The announcement comes as part of the recently announced contract between the UAW and the three major automakers of GM, Stellantis, and Ford.
The Chicago Metropolitan Agency for Planning and the Metropolitan Planning Organization Committee have approved new funding for Metra. The approval will allow for Metra to receive a $169.3 million grant from the federal Congestion Mitigation and Air Quality Improvement grant. The money will go towards new electric train sets to be used on multiple lines in order to better and increase service, though no delivery date was announced.
