|South Gate Market (looking east)|
The University of Chicago announced Thursday it will build a $8 million new clinic in the South Loop.
The university said Thursday it had signed a 12-year lease for 18,000 square feet on the second floor of Southgate Market, 1101 S. Canal St. for clinic offering primary care, cardiology, orthopedic, sports medicine and obstetrics-gynecology, reproductive and other services for women.
The clinic is expected to open in late 2016 with 15 physicians based in the South Loop and others rotating in for specialist care.
“We listened to our patients who wanted our state-of-the-art care closer to where they live, work and shop,” said Sharon O'Keefe, president of the University of Chicago Medical Center, in a statement.Seems like a good addition for the neighborhood and a nice boon for Southgate Market. As you may remember this (presumed) space used to be an Office Depot but that closed back in 2008. The space has been sitting vacant since then.
The university also cited the rapid increase in the number of people moving to the South Loop as an enticement to look north of Hyde Park for the new clinic.
Business Counter is updated.
(Hat tip: BR, LW and MS!)