Monday, August 24, 2020

Early 2021 groundbreaking planned for $6 billion Lincoln Yards megadevelopment on North Side

Photo: Gensler rendering / HANDOUT
By: Ryan Ori | 8/6/2020 | ChicagoTribune.com

Sterling Bay plans to break ground on the $6 billion Lincoln Yards megadevelopment early next year, starting with an eight-story, 320,000-square-foot building along the Chicago River. The building, which will house offices and lab space, will be at the south end of the sprawling former industrial site, CEO Andy Gloor said. The Gensler-designed building will be just north of a Home Depot store at 1142 W. North Ave., which is not part of the 55-acre Lincoln Yards parcel. Work on the long-anticipated and controversial project, expected to bring thousands of employees and residents to the property, is nearing despite a pandemic that has all but stopped new real estate projects from getting underway. Read More....

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