Development Surging in Clybourn Corridor

Chicago-based Structured Development has been laying the groundwork for The Shops at Big Deahl for about a decade.

CHICAGO—Structured Development has been one of the prime movers in transforming the Clybourn Corridor in Lincoln Park into a retail destination, and the Chicago-based company is ready to launch another significant project. It has just purchased a 40,000-square-foot loft office building at 855 W. Blackhawk St., adjacent to a property at 1450 N. Dayton St. – formerly home to Big Deahl Productions – that Structured acquired in 2015. The company plans to redevelop the 2.5 acres as The Shops at Big Deahl, a 200,000-square-foot mixed-use complex.

The neighborhood has seen unprecedented demand for new commercial and residential options in recent years; more than two million square feet of commercial space and 1,000 new residential units have come online since 2012, according to Structured research.