Related Midwest To Lead Development Of 62-Acre Riverfront Site In Downtown Chicago Chicago Tribune
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One of the largest undeveloped parcels of land in Chicago, the 62-acre property at the southwest corner of Clark Street and Roosevelt Road extends a half-mile south along the Chicago River to 16th Street. (Credit: Okrent Associates)
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Big changes are in store for downtown Chicago, where Taylor Johnson client Related Midwest has acquired a stake in a 62-acre riverfront site it plans to transform into a mixed-use, master-planned community that will bridge the gap between the Loop and Chinatown. As the Chicago Tribune reports, the multibillion-dollar development would include a mix of residential, retail and office space and take approximately 15 years to complete. It builds on Related's 40-year history of spearheading market-defining projects like Hudson Yards in Manhattan, the largest private real estate development in U.S. history, and would be the developer's most ambitious undertaking to date in Chicago, where it has brought more than $2 billion in residential, mixed-use and affordable housing communities to market.
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Events
**Taylor Johnson staff to attend
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REJournals State Of The Suburban Office
Friday, May 20, 2016Thursday, May 26, 2016Thursday, May 26, 2016REW Summit Chicago Thursday and Friday, May 26 and 27, 2016
**ULI Chicago 5th Annual Vision Awards (TJ clients Fitzgerald Associates Architects and Structured Development among finalists) Wednesday, June 1, 2016
Wednesday, June 22, 2016Midwest Real Estate News Net Lease Summit Wednesday, July 20, 2016
CREW Chicago Annual Golf Outing Tuesday, August 30, 2016
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