The Bronzeville Lakefront is a $3.8 billion development from GRIT on Chicago’s South Side that will create up to 7 million square feet of commercial, institutional and mixed-income housing and up to 20,000 temporary and permanent 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 late 2021 or early 2022.
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 48-acre site is the former location of the Michael Reese Hospital and Medical Center, which closed in 2008. The City of Chicago acquired the property in 2009 and cleared most of the land in ensuing months.
In 2017, the City 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 proposal began to move forward in fall 2019 in close collaboration with the Department of Planning and Development (DPD), Ald. Sophia King (4th Ward) and the Michael Reese Advisory Council. Multiple city commissions and committees approved of the plans, which required a Redevelopment Agreement that permits the sale of the site from the City to the developer for $96.9 million.
Additionally, a $60 million infrastructure agreement will create a walkable, vibrant, mixed-use community that includes more than nine acres of new green space, bike facilities, sidewalks, and utilities. The work will also re-establish a comprehensive roadway network throughout the site, including new and improved sections of 26th, 27th, 29th, and 30th streets; Lake Park Avenue; and Cottage Grove Avenue. To be financed by the City through general obligation bonds, infrastructure construction will be completed by GRIT by 2024.
Final City Council approval of the extensive agreements took place in July 2021. Details about engagement activities are listed below.
In-person public engagement activities began in 2017 and continued with virtual community meetings in 2020, co-hosted by DPD, Ald. King and the Michael Reese Advisory Council.
Additional public hearings, departmental presentations and approvals took place at the Chicago Plan Commission in February 2021, the Community Development Commission in May 2021, and the full City Council in July 2021.
Updates will be made to this page as work begins. All questions on the Bronzeville Lakefront development proposal can be directed to email@example.com.
- DPD Presentation to Committee on Housing and Real Estate, July 2021
- DPD Presentation to Committee on Finance, July 2021
- 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