City Seeks Developers for Pulaski Road Lots

CHICAGO-Developers willing to build 66,000 sf of retail, office, multifamily or industrial space in the 700 block of North Pulaski Road are being sought by the city’s department of planning and development. City officials plan to acquire 10 parcels totaling 30,300 sf at 713-31 N. Pulaski Rd., and could use the city’s power of eminent domain to make that happen.

The parcels are owned by three separate parties, some of them acquired through tax sales. The Cook County Assessor’s office places a market value of more than $150,000 on the vacant lots, but most recent sales suggest it could be twice that, according to property records.

The West Garfield Park parcels have been vacant for more than 10 years, according to department of planning and development officials, and at least one owner appears reluctant to sell even though they have no plans to build.

The development site is south of a Burger King restaurant and east of Orr High School.

The department is setting a March 5, 2004 deadline for proposals.