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Old Posted May 25, 2017, 11:09 PM
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Amtrak taps developer for $1 billion-plus redevelopment of Union Station

Amtrak taps developer for $1 billion-plus redevelopment of Union Station


Amtrak has chosen Riverside Investment & Development to lead a more than 3 million-square-foot real estate redevelopment of Union Station and surrounding land, a project expected to take about six years to complete and cost more than $1 billion. (Image courtesy of the Chicago Tribune)

By Ryan Ori
Chicago Tribune
May 25, 2017

"Ammtrak has chosen a Chicago development firm to lead a more than 3 million-square-foot real estate redevelopment of Union Station and surrounding land, a project expected to take about six years to complete and cost more than $1 billion.

Riverside Investment & Development, led by John O'Donnell, will lead the redevelopment team, according to a news release on the project. More details are expected to be announced Thursday by the developer, Amtrak and Mayor Rahm Emanuel. The total development will be about 3.1 million square feet..."

http://www.chicagotribune.com/busine...24-column.html