GRIT Chicago

Equipment and Early Site Prep Spotted at Bronzeville Lakefront Megadevelopment

7:45 am on May 19, 2023 By Jack Crawford

Site preparation can be seen for the Bronzeville Lakefront megadevelopment, led by the development coalition known GRIT Chicago. The $3.8 billion mixed-use redevelopment of the historic site of the former Michael Reese Hospital is a collaboration between local firms Farpoint Development, Loop Capital, Draper & Kramer, Chicago Neighborhood Initiatives, McLaurin Development, and the Bronzeville Community Development Partnership.

Groundbreaking Announced For Bronzeville Lakefront Megadevelopment

7:45 am on March 25, 2023 By Ian Achong

An anticipated groundbreaking date has been announced for the first phase of the Bronzeville Lakefront megadevelopment in Bronzeville. Located on the massive former Michael Reese Hospital site, the multi-phase project is the first in the nation to have a 50 percent Black development team. That team is operating under the name GRIT Chicago LLC and comprises Farpoint Development, Loop Capital, Draper & Kramer, Chicago Neighborhood Initiatives, McLaurin Development and the Bronzeville Community Development Partnership.

Bronzeville Lakefront Development. Rendering by GRIT Chicago

City Council Approves Bronzeville Lakefront Megadevelopment At Former Michael Reese Hospital Site In Bronzeville

7:45 am on July 31, 2021 By Lukas Kugler

The Chicago City Council has approved the Bronzeville Lakefront Megadevelopment planned for the former Michael Reese Hospital site in Bronzeville. The 71-acre site spans from E 26th Street to E 31 Street north to south, and from S Martin Luther King Drive to S Lake Park Avenue west to east respectively. The plan comes from a development team called GRIT Chicago, composed of Farpoint Development, Loop Capital, Draper & Kramer, Chicago Neighborhood Initiatives, McLaurin Development, and Bronzeville Community Development Partnership.

CDC Approves $96.9 Million Sale of Former Michael Reese Hospital Site for Bronzeville Lakefront Development

7:45 am on May 17, 2021 By Lukas Kugler

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.

Plan Commission Approves Lakefront Megadevelopment at Former Michael Reese Hospital Site in Bronzeville

7:45 am on February 22, 2021 By Lukas Kugler

The Chicago Plan Commission has approved the Bronzeville Lakefront Megadevelopment planned for the former Michael Reese Hospital site in Bronzeville. The 71-acre site spans a large parcel of land from E 26th Street to E 31 Street from north to south, and from S Martin Luther King Drive to S Lake Park avenue from west to east respectively. The existing Prairie Shores residential complex is included in the scope of this project, but will remain unchanged.

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