Monday, June 5, 2017

City Chooses Developer for Vacant Michael Reese Hospital Campus

When the city bought the former Michael Reese campus we were curious (and excited) to see what would transpire.  Would we win the Olympics and would this site become a legacy project for the city?  We all know the answer was no.

That being said, there were a ton of discussions about what the land may become.

Well according to Crain's and Curbed Chicago, a plan is in place and it's pretty practical:

The latest plan would encompass both the 49-acre Michael Reese site plus air rights over the 28-acre truck marshalling yards controlled by Chicago’s Metropolitan Pier & Exposition Authority. Initial phases of the lakefront redevelopment could include a logistics center servicing McCormick Place as well as a new event space. Longer-term plans would feature "more than 5 million square feet of technology-oriented commercial spaces, retail uses, homes and a hotel, depending on market demand," read a statement from the City of Chicago.

I guess it's good something is coming to the space, but seems relatively blah.

No comments: