[BVictor1]

https://therealdeal.com/chicago/2024...source=twitter

Illinois delays feasibility study for Bob Dunn’s $20B One Central

Meant to analyze proposed subsidies and viability for Landmark Development’s megaproject

Two years after approving funding for a feasibility study, Illinois officials have yet to award a contract to investigate the potential of Bob Dunn’s One Central megadevelopment, causing further delays and uncertainty surrounding the $20 billion endeavor.

The Department of Commerce & Economic Opportunity issued a request for proposals last year to assess the viability of the project, which is slated for 9,000 residential units and 11 million square feet of office and retail space, built over Metra tracks near Soldier Field, Crain’s reported.

A preliminary contract of nearly $500,000 was awarded to Ernst & Young in August 2023, but the procurement office subsequently retracted the contract without explanation. Although sources indicate a new award may be imminent

https://www.chicagobusiness.com/poli...-hasnt-started