The 41 acres on three corners of the intersection included the former Englewood Mall, built around 30 years ago, and included reconfiguring streets. However, the commercial district has seen continuous decline, and the few remaining merchants are relocating to new strip centers to the north.
In place of Englewood Mall, a six-building, 504,700-sf campus is being built. Besides a Chicago Transit Authority Green Line station near the intersection, Metra is being lobbied to add a commuter rail station at 63rd Street and Wallace Avenue.
Henry Wilson, chairman of the Englewood Conservation Community Council, sees the city's quest to put 436 parcels in a tax increment financing area from 55th to 67th streets and the Dan Ryan Expressway and Racine Avenue in the hands of residential developers as a plus. He also foresees new retail development as a result of Kennedy-King College's relocation.
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