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CHICAGO | Michael Reese Site Redevelopment
Lincoln Yards & The 78 get their own thread...
https://chicago.suntimes.com/busines...site-this-year Developers aim for city OK on Michael Reese site this year $3.5 billion project detailed for local residents at a virtual meeting. By David Roeder@RoederDavid May 4, 2020, 8:56pm CDT https://cdn.vox-cdn.com/thumbor/YWQN...endering.0.jpg Quote:
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I attended the virtual meeting last night and here are some notes...
May 4, 2020 Virtual Meeting -working on things since 2012 -65% minority business led -10% commercial space discounted -20% affordable housing on site -MBE (30%) & WBE (10%) -(GRIT) Global Research Innovation & Tourism District -8.8 acres of open and green space in phase 1 & 2 -Phase 3 (Marshaling Yards/towers) won’t be apart of the current PD -3rd quarter of 2021 groundbreaking? Phase 1 should take about 5 years -$31,000,000 TIF for remediation at 29th St. where a factory once stood. -mix of housing product… condo, rental, affordable, market rate (mainly phase 3) -8.8 acres of open space (2 acres at 31st) (2.5 at 29th) |
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91 acres with marshaling yard included 13.7 million square feet https://www.chicago.gov/city/en/dept...ital-site.html https://www.chicago.gov/content/dam/...ion_050420.pdf https://uniim1.shutterfly.com/ng/ser...553839/enhance https://uniim1.shutterfly.com/ng/ser...553823/enhance https://uniim1.shutterfly.com/ng/ser...553821/enhance https://uniim1.shutterfly.com/ng/ser...553838/enhance |
https://www.chicagobusiness.com/comm...900F38D22E2508
May 05, 2020 06:27 AM UPDATED AN HOUR AGO Developers detail plans for Michael Reese site The proposed first phase of a larger $6 billion megaproject would include 1 million square feet of new buildings and a park along 31st Street. DANNY ECKER https://s3-prod.chicagobusiness.com/...39.50%20PM.png Quote:
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https://www.chicagobusiness.com/comm...ael-reese-site
June 16, 2020 11:59 AM UPDATED 48 MINUTES AGO Investors shopping land next to Michael Reese site The big vacant swath is next to where developers are planning a $6 billion lakefront megaproject. DANNY ECKER https://s3-prod.chicagobusiness.com/...21.55%20AM.png Quote:
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Let's get an 800 footer up there
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A community town hall webinar will be co-hosted by the Department of Planning and Development (DPD), Ald. Sophia King (4th), and the Michael Reese Advisory Council next month to review updated plans from the GRIT development team for the former Michael Reese Hospital site in Bronzeville.
The webinar will take place at 6 p.m. on Wednesday, Oct. 14. Registration for the Zoom webinar is open now, and the presentation will be posted in advance of the meeting at www.chicago.gov/reese. Members of the public wishing to ask a question about the proposal should email their question to DPD@cityofchicago.org or ward04@cityofchicago.org by noon on Monday, Oct. 12. The 48.6-acre City-owned site is the former location of the Michael Reese Hospital and Medical Center. The hospital complex closed in 2008 and the City acquired the property in 2009. The largely vacant site is highly accessible to both traffic and transit, within close proximity to The Loop, the Museum Campus and McCormick Place, the nation's largest convention center. The GRIT redevelopment team was selected in 2017 as a part of a City-led Request for Proposals process. The team filed its initial Master Planned Development application with City Council in June 2020 and expects to present their proposal to the Chicago Plan Commission later this year. |
A friend was at a recent community meeting where they were discussing the branding and naming of the site, and it looks like Bronzeville East is the likely option. There's still not final decision yet, and many residents have mixed views on the naming, but there's already a website domain reserved so it's likely final.
It's inactive as of right now, but it may go live before the Wednesday meeting: https://bronzevilleeast.com/ |
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It's not finished but here's the preliminary website design. Yes, I know it's an IP adress at the moment and it looks sketchy clicking on it: http://159.203.66.75/
Here's also tomorrows presentation slides: https://www.chicago.gov/content/dam/...eck_101420.pdf |
Bronzeville Lakefront
Possible plan commission in November 2020 7,800,000 square feet is slightly less that initially proposed for phases 1 &2 Height limit increased in first two phases by 50' to 350' & 450' respectively. |
DPD sent an email saying Bronzeville Lakefront will be on the Feb Plan Commission agenda, and that the GRIT team plans to break ground on phase 1 in 2021
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Yay
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Great news. This, One Central, and the 78 have serious potential to transform the skyline and extend the CDB south. It'll probably take 20+ years to materialize, but you can see the potential.
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On the February 2021 Plan Commission Agenda
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That signature building is giving me major Zurich HQ vibes (Schaumburg).
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Also, unrelated, but I'm always happy when you post, because I love seeing you forum name. |
Michael Reese site redevelopment wins key approval
The Chicago Plan Commission OK'd a 20-year plan to transform the former hospital site south of McCormick Place. https://www.chicagobusiness.com/comm...=hero-readmore |
So there were some changes in the application from time of submission to approval by the plan commission.
The number of planned residential units increased by approximately 41% From 4800 to 6786 With 20% affordable housing on site, we're looking at about 1357 units. Remember that we're talking phases 1 & 2 which will encompass about 7,924,000 million sq ft. I'm not sure how many units will be proposed for the Marshaling Yards, but conceptually the numbers being states were an additional 5M sq ft, which can easily change. I'm guessing Phase 3 will be mostly residential, with potential for hotel rooms. |
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