News

June 2, 2015
Chicago Tribune
Demolition of the former Children's Memorial Hospital site in Chicago's Lincoln Park, the first step in a redevelopment that will add 600 residences to the neighborhood, is to begin by year's end, developers said Monday.
May 7, 2015
Chicago Magazine
A panel of real estate developers convened Wednesday morning to share gut reactions on the Chicago market’s opportunities and challenges assembled by the Homebuilder’s Association of Greater Chicago (HBAGC). The industry crowd let the four speak their mind on a range of topics, namely the housing recovery, rental vs. condo construction, affordable housing, and the presidential library. They were unified in most areas, particularly (and predictably) in their distrust of the new Affordable Requirements Ordinance (ARO) which requires developments of 10 or more units to set aside 10 percent as “...
April 15, 2014
Metropolitan Planning Council
You’ve probably heard by now that the old Children’s Memorial Hospital site in Chicago’s Lincoln Park neighborhood is being redeveloped.
April 2, 2014
Paul Biasco
The City Council voted Wednesday to rezone the former Children's Memorial Hospital site — the last step in the approval process for a plan that will bring huge new residential and commercial development to the property.
February 21, 2014
The Chicago Plan Commission on Thursday approved a proposal for two residential high-rises as part of a development blueprint for the site of the former Children's Memorial Hospital that has drawn the ire of some Lincoln Park neighborhood residents.
February 21, 2014
Steven Vance
The Chicago Plan Commission yesterday unanimously voted to approve McCaffery Interests’ plan to build two 19-story apartment towers in Lincoln Park on the site of the former Children’s Memorial Hospital. The plan — revised many times before — was equally derided and praised by public commenters at yesterday’s five-hour meeting. People criticized the density and complained about future truck traffic, while the design, new plazas, and addition of retail to a dead block received accolades.
February 18, 2014
The plans for the Children's Memorial Hospital redevelopment scheduled to be presented to the city's Plan Commission Thursday are final, the local alderman said. But some opponents are threatening a lawsuit to block the project if it is approved by the city.
February 11, 2014
Ald. Michele Smith, 43rd, says she's standing by her support of a revised plan to redevelop the site of the old Children's Memorial Hospital in Lincoln Park, and takes a bit of a shot at a predecessor who criticized her stance.
February 4, 2014
It looks like a long-awaited deal is finally in hand to develop the former Children's Memorial Hospital site in Lincoln Park. After two years of debate and contentious public hearings, Ald. Michele Smith, 43rd, announced last night that developer Daniel McCaffery agreed to further downsize his proposal and make key changes regarding the location of a freight entrance to the development.
December 19, 2013
ChicagoRealEstateDaily.com
McCaffery Interests Inc. has scaled back its planned redevelopment of the former Children's Memorial Hospital site in Lincoln Park, eliminating about 30 percent of the residential units to assuage neighborhood concerns that the project was too big as originally designed.

Pages

Subscribe to McCaffery Interests News