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Eisenberg Challenge Winners Reimagine Former Big Box Space
Teams from Marquette University and the University of Illinois at Urbana-Champaign took home top honors at the ninth annual Harold E. Eisenberg Foundation Real Estate Challenge for their proposals to redevelop a vacant 11.7-acre big box space at the Chicago Ridge Mall.
These teams were among those from eight universities who presented before a panel of commercial real executives earlier this month. The Eisenberg Foundation joined with Starwood Retail Partners to task students with reimagining the former Carson’s site at the suburban mall.
The Connect, by Marquette University’s undergraduate team, suggested creating an epicenter for the town of Chicago Ridge through a vibrant mixed-use development. UIUC’s graduate team presented Ridge North, using extensive market research to support their proposal.
“The amount of thorough research, meticulous planning and creative thinking that has gone into each and every one of these proposals is truly impressive,” said Real Estate Challenge judge Al Klairmont.
Pictured: Ridge North
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