A major component of the redevelopment project is a 300-seatrestaurant, which would be built out in a building already at thenortheast corner of Central and Washington. Sit-down restaurantshave been long sought by city planners for the neighborhood, whichthey say lacks family-oriented eateries.

"This will add value not only to my ward, but the entire WestSide of Chicago," says 29th Ward Alderman Isaac Carothers. "Aproject such as this will make a difference in the quality of lifein my ward, as well as the entire West Side."

A four-story building at 115 N. Parkside with a clinic on thefirst floor and 13 multifamily units above would be renovated alongwith a three-story building that includes an 1,100-seatauditorium.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.