In its request for proposals, the city says it will work with the winning developer on changing the zoning on the property from C2-3 and C3-3, which would allow for 117,000 sf of building space, to B4-4, which would allow for up to 195,000 sf.
Although industrial buildings remain in the Near West Side neighborhood, the area has seen redevelopment with retail and office space, as well as residential units, as structures are renovated or new construction rises on cleared lots. The boom began in earnest following the construction of the United Center, six blocks west of the site, which replaced historic Chicago Stadium.
The city has owned the land for the last five years.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
