Updated March 12, 2021
Redevelopment plans for the Bronzeville Lakefront development on Chicago's Near South Side began to move forward in spring 2020.
The 48.6-acre site is the former location of the Michael Reese Hospital and Medical Center, which closed in 2008. The City acquired the property in 2009 and cleared most of the land in ensuing months.
In June 2017, the City of Chicago selected a team of local developers known as GRIT to purchase and develop the site through a Request for Proposal (RFP). GRIT is comprised of Farpoint Development, Loop Capital Management, McLaurin Development Partners, Draper & Kramer, Chicago Neighborhood Initiatives and Bronzeville Community Development Partnership.
GRIT’s mixed-use redevelopment plan is expected to move forward with special zoning known as a Master Plan Development. The zoning designation would enable construction of a phased, mixed-income community that includes a health innovation hub, retail and commercial uses, public green spaces, community spaces, and a variety of market rate and affordable housing options for families and seniors. The plan will also reuse the Singer Pavilion, the only remaining Reese building on the site.
GRIT's $3.8 billion redevelopment was approved by the Chicago Plan Commission on Thursday, Feb. 18. The plan would create up to 7.8 million square feet of commercial, institutional and mixed-income housing and more than 48,000 permanent and temporary jobs.
The $600 million first phase would revitalize the southern end of the property, and would include the 500,000-square-foot Chicago Arc Innovation Building, which would feature both retail space and a community center. The first phase would also include a mixed-income senior housing building and a new park, and would reuse the Singer Pavilion, the only remaining building from the original Reese complex. Infrastructure construction is expected to begin in 2021.
The $3 billion second phase would revitalize the northern portion of the site with medical research facilities, mixed-income residential units, retail space, offices and open spaces that would be constructed over the next two decades. Construction on this phase could start as early as 2023.
The Master Planned Development zoning application has been refined over the last several months by the development team and DPD staff with continued input from stakeholders and the public. The City and the GRIT team are collaborating closely with the Michael Reese Advisory Council and Ald. Sophia King (4th Ward).
Additional approvals by the City Council Committee on Zoning, Landmarks and Building Standards and the full City Council are pending.
An initial virtual town hall to update the public on GRIT’s proposal was hosted by the Department of Planning and Development (DPD), Ald. Sophia King (4th) and the Michael Reese Advisory Council on Monday, May 4.
The same group co-hosted a follow-up virtual town hall in fall 2020 to review updated plans from the GRIT development team.
The Chicago Plan Commission approved the project in February 2021.
Dates for additional public review are still to be determined, including hearings in front of the City Council Committee on Zoning, Landmarks and Building Standards, the Community Development Commission, the City Council Committee on Housing and Real Estate, and the City Council Committee on Finance.
All questions on the development proposal can be directed to DPD@cityofchicago.org.
- Zoning Proposal Introduced to City Council, June 2020
- Zoning proposal as filed with City Council, June 2020
- Fourth Ward Community Meeting Presentation, October 2019
- CDOT Informational Materials on 31st Street Bridge Replacement, March 2019
- Fourth Ward development updates
- Department of Assets, Information and Services (AIS) information on the former Carnotite Reduction Company