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Sale Aids Mixed-Use Redevelopment Plan

CHICAGO-Mclaurin Development Partners and Trinity United Church plan a major mixed-use redevelopment on 35 acres next to the Chicago State University campus.

By Mark Ruda | Updated on May 30, 2006

CHICAGO-A $2.5-million sale of 12.3 acres in the 9500 block of South Cottage Grove Avenue promises to result in a large mixed-use redevelopment next to Chicago State University. The Edward Gardner family sold parcels on the east side of the north-south street to a development team that includes Mclaurin Development Partners and Trinity United Church, which recently got 35 acres rezoned to accommodate a planned development.

Located near a Metra Electric Line station, the site includes the “House of Kicks” entertainment venue, but is likely to see residential and retail redevelopment. “This site offered a tremendous opportunity for development and appealed to a broad range of buyers interested in the potential of the Burnside Corridor,” says Mike Nardini, who along with CB Richard Ellis colleague Todd Lippman represented the Gardner family.

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