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Placemaking Now the Key to Mixed-Use Development

Developers like Related say sites like New York's Hudson Yards and Chicago's The 78 need tenants and amenities that will create true destinations, not just stacks of different users.

chi-EducationHubandRiverwalkConcept (2) Related Midwest’s vision for the Discovery Partners Institute includes using the riverfront as an attraction.

CHICAGO—As reported in GlobeSt.com, Related Midwest officials say the University of Illinois System plans to create a $1.2 billion public-private research and innovation center known as the Discovery Partners Institute at The 78, a mixed-use, master-planned development planned by Related for the Near South Side.

The site could still become the location of Amazon’s HQ2. How that possibility will impact these plans remains to be seen, but company officials consider the university’s decision a key component in making the venture work. It’s also an excellent example of how “placemaking” has become the watchword in mixed-use development.

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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