It has been revealed that the Discovery Partners Institute (DPI) within The 78 has been canceled. The project located at 1519 S Wells Street has been in the works for years and saw several reductions in scale since it was first announced. The cancellation was first reported by Crain’s, dealing a blow to the massive development led by Related Midwest that has been trying to lock down additional anchors.
White Sox owner Jerry Reinsdorf is willing to contribute financially to the team’s stadium project. According to Crain’s Chicago Business, Reinsdorf is proposing to help finance a new stadium on “The 78”, a vacant 62-acre plot in the South Loop, just south of downtown Chicago.
The Illinois Capital Development Board is now accepting bids for the construction of the Discovery Partners Institute (DPI) headquarters, a key component of the University of Illinois System’s Illinois Innovation Network. The state-of-the-art facility will be located within The 78, a 62-acre development along the Chicago River, on a 1.5-acre site donated by developer Related Midwest.
Formal renderings have been revealed along with new details for the proposed White Sox stadium within The 78. Located on the massive 62-acre vacant lot along the Chicago River and near the South Loop, the team will relocate from their current home at Guaranteed Rate Field near Bridgeport. The proposal is being led by the team and developer Related Midwest with an undisclosed architect.
The Chicago White Sox are reportedly in discussions with Mayor Brandon Johnson and developer Related Midwest over a potential new baseball stadium within ‘The 78’, a 62-acre mixed-use development project in South Loop. The long-underdeveloped plot has undergone multiple iterations in recent years for a sprawling new neighborhood with residential and office buildings, public spaces such as parks and promenades, and most recently the University of Illinois’ Discovery Partners Institute, with its construction expected to begin this year.
