Keeping with the last post’s train of thought, here are some other development proposals we’ve seen in the news in recent weeks. It seems like a lot of developers are talking about their ideas again, although no one seems too sure when anything will actually move forward.
- Market Common South Shore: US Steel and McCaffery Interests want to build more than 17,000 homes, 1 million square feet of retail space, and a marina at the old South Works steel mill site in South Chicago. The city is considering forming a TIF district for the project’s first phase.
- Hairpin Lofts: The Community Development Commission has approved the conversion of the Morris B. Sachs building at Diversey, Kimball, and Milwaukee avenues in Logan Square into 28 residential lofts, a 7,000 square-foot community arts center, and four ground-level retail spaces, all designed by Hartshorne Plunkard Architecture. The development will be funded partially by TIF dollars.
- Lincoln Park Hospital: Developers Michael Supera and Richard Zisook have taken title of the old hospital at 550 W Webster Ave in Lincoln Park and hope to redevelop the site with 170 units of senior housing, 120 condos, and 33,000 square feet of retail.
- Lathrop Homes: CHA has put out an all-call for developer qualifications for the redevelopment of the Lathrop Homes site at Damen and Diversey avenues in Lincoln Park. The 35-acre complex will be converted into new and rehabbed low-income, affordable, and market-rate homes following new LEED for Neighborhood Development guidelines.
- Randolph Tower: Village Green Companies hopes to receive TIF money and tax-free bonds for the renovation of the old Steuben Club Building at 188 W Randolph St in the Loop. The 45-story building could be converted into more than 300 apartments.
- Harper Court: The city and the University of Chicago have tapped Danville-based Vermillion Development to demolish and redevelop the Harper Court shopping center in Hyde Park. The new mixed-use development will have retail and office spaces and a hotel.
- The Gateway at Washington Park: New South Partners, Team4, and FitzGerald Associates are in the early stages of planning a mixed-use, transit oriented development with 1.3 million square feet of office, retail and residential space on land bounded by 54th Street, 55th Place, Martin Luther King Jr. Drive and Prairie Avenue in Washington Park.
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