The Chicago Plan Commission has approved the 8.1-acre North Union megadevelopment in the Near North Side. Generally bounded by the CTA Brown Line tracks and W Oak Street, W Chestnut Street, and N Wells Street, the North Union site will spread across eight acres. Planned by JDL Development, the project site is currently occupied by one or two story buildings, parking lots and an athletic field, all part of the Moody Bible Institute campus. The entire plan reserves 9.4 acres for Moody Bible Institute while turning over the remaining 8.1 acres over to JDL.
Chicago City Council
The Community Development Commission has approved the $96.9 million sale of the former Michael Reese Hospital site to the developers of the Bronzeville Lakefront megadevelopment in Bronzeville. Located at 2929 S Ellis Avenue, the property is bound by E 26th Street to the north, E 31st Street to the south, S Vernon Avenue to the west, and S Lake Park Avenue to the east. The developers for the site are a team called GRIT Chicago, composed of Farpoint Development, Loop Capital, Draper & Kramer, Chicago Neighborhood Initiatives, McLaurin Development, and Bronzeville Community Development Partnership.
Revised renderings have been revealed for a proposed mixed-use development located at 1201 W Fulton Market in West Loop. Located at the intersection of N Racine Avenue and W Fulton Market, the corner lot is currently occupied by an existing one-story building. Fulton Street Companies and Harrison Street Real Estate Capital are the developers behind the proposal.
The Chicago City Council has approved a mixed-use development at 140 N Ashland Avenue in the Near West Side. Located at the intersection of N Ashland Avenue and W Lake Street, the project site is across from Union Park. The existing structure on the site is the current home of the Women’s Treatment Center, who will be downsizing their operation and moving out of the building. Marquette Companies is the developer behind the proposal.
Renderings revealed for a proposed mixed-use development at 160 N Morgan Street in West Loop. Located on a midblock site, the property fronts N Morgan Street between W Randolph Street and W Lake Street. The parcel will be bound by alleyways to the north, south, and west. Sterling Bay is the developer behind the proposal.