Initial details have been announced for the city’s application for the first round of funding from the groundbreaking federal infrastructure program. With $1.2 trillion on the line for states across the nation to use on infrastructure repairs which have been put off for decades, bringing us to a critical point where we’ve seen an increase in bridge collapses and other major failures. The money would be applied for by the Illinois Department of Transportation (IDOT) and the work covered in this first application would be spread across the suburbs and city itself, with the plan to apply for more at a future date.
Initial foundation work is visible at the triangular parcel along the southeast corner of Wrigley Field, which will give way to a three-story DraftKings sportsbook and various dining options. Co-developed by the Chicago Cubs and Marquee Development, this 22,350-square-foot addition at 1012 W Addison Street will replace the former Captain Morgan Club, which later became the Fantasy DraftKings Sports Zone.
Initial details have been revealed for an upcoming mixed-use development at 353-363 E 51st Street in Washington Park. Located just west of the intersection with S Martin Luther King Drive on the northwest corner of the aforementioned park, the new project will redevelop a pair of existing structures varying in heights that have sat vacant for nearly 10 years now. Led by a joint venture made up of locals and co-developers Corey Gilkey and James Daughrity called Policy Kings, the duo is working with a local design firm on the new concept that will revitalize the corner.
A permit was approved on Thursday for a two-story, three-unit residential building at 6312 S Rhodes Avenue in the Woodlawn neighborhood. The owner is listed as Greenline Development LLC and plans indicate this project will feature a basement level and a detached three-car garage. The future property site is currently undeveloped.