Related Midwest has signed a deal to develop a vacant 62-acre parcel of land linking Chicago’s South Loop and Chinatown neighborhoods, Mayor Rahm Emanuel announced on May 12. The sprawling brownfield site, at Roosevelt Road and Clark Street, is the largest area of open land in downtown Chicago after Grant Park. If completed, the development would dramatically alter the city’s southern skyline.
“This will be one of the largest development projects in Chicago’s history, and I look forward to working with our private partners to transform this site and create economic opportunities for residents in every part of Chicago,” Emanuel said.
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