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Industry News

04 Mar 2020

New Sustainable Development to Revitalize Pritzker Park Block

New Sustainable Development to Revitalize Pritzker Park Block
Chicago Loop Alliance

For decades, the city of Chicago has been perplexed about what to do with a 15,965-square-foot parcel of land that sits on State Street, Van Buren and Plymouth Court.

On Wednesday night, business owners, residents and city officials will hold a community meeting at Cindy Pritzker Auditorium, at 400 S. State St., to discuss the future of the land, which includes a city-owned parking garage and a small chunk of Pritzker Park.

After, developers will bid on the land as part of the C40 Reinventing Cities competition, a global initiative that works with cities and developers to create sustainable buildings.

“One of the main goals of the C40 competition is to have a carbon-neutral project,” said Cynthia Roubik, the assistant commissioner for the city’s Department of Planning and Development. “Then, of course, we’re looking to leverage the sale of the city-owned lot to have improvements in the future for Pritzker Park.”

Ald. Sophia King (4th) hopes that a new building will rejuvenate not just the site but the entire block.

“I’m hoping that it’s the development that opens [Plymouth] street up and brings... some amenity that lots of people would enjoy and open up the existing amenities as well,” such as the Harold Washington Library, Pritzker Park and the surrounding restaurants, King said.

Read more at Chicago Sun Times

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