The first phase of The 78 will be a mixed-use project that at full build-out will include 1.5 million square feet of new office space. The first phase of The 78 will be a mixed-use project that at full build-out will include 1.5 million square feet of new office space.

CHICAGO—Related Midwest has unveiled plans for “The 78,” a mixed-use project that will bring 2.8 million square feet in the first phase of construction that will add new office, residential, hospitality and retail space to the downtown riverfront here.

The overall nearly 13-million-square-foot multi-phased project estimated at approximately $7 billion will be built on 62 acres that have been vacant for almost 100 years. As part of phase one, the University of Illinois System’s Discovery Partners Institute has signed a letter of intent to build a new innovation center at The 78, on land donated by Related Midwest.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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