The City of Chicago and Mayor Lori Lightfoot are celebrating two years of the Invest South/West initiative across the city. The program launched in 2019 with $750 million in public funding for projects across 12 commercial corridors in 10 south- and west-side communities aimed at creating jobs, improving safety, and providing housing options. With many winners announced in the last two years, the projects have also spurred plenty of private developments in areas being reinvigorated by the program.
The Chicago Plan Commission has approved the mixed-use development at 3201 W 31st Street in Little Village. Dubbed the Focal Point Campus, the massive project will be anchored by a new facility for Saint Anthony Hospital and is located just southwest of the intersection with S Kedzie Avenue. Developer Chicago Southwest Development Corporation has partnered with local firm HDR Architecture on the 30-acre, $600 million complex.
Since December’s countdown update, facade work has reached the finish line for 1045 on Fulton, a 12-story mixed-use development along West Loop‘s Fulton Market corridor. Co-developed by Fulton St. Companies and Intercontinental Real Estate, the 147-foot-tall edifice will be anchored by 6,500 square feet of ground-floor retail, topped by 11 floors and approximately 130,000 square feet of boutique office space. The retail segment will offer 150 feet of frontage along W Fulton Market and its cross street of N Aberdeen Street.
Updated details has been released for a mixed-use development at 170 N Green Street in the West Loop. Located just north of W Randolph Street, the multi-structure project will replace the old Bridgford Foods plant which was vacated in 2020 and is currently being demolished. The joint venture developers of St. Louis-based Clayco’s real estate division CRG and West Loop native Shapack Partners, have tapped the Chicago-based architecture firm Lamar Johnson Collaborative on the new design.
Initial renderings have been revealed for a new expansive renovation of the Merchandise Mart at 222 W Merchandise Mart Plaza in River North. The renovation comes just a few years after it received major updates including new elevators, monumental stairs, and upgrades to other amenity areas. The new work will be led by New York-based developer Vornado Realty Trust who is also planning some residential towers nearby, while the design is led by the local office of Gensler.