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20,000 Homes Envisioned for Chicago’s South Works MXU Dev

Emerald Living is acquiring a 440-acre site in Chicago envisioned as “New SouthWorks,” a mixed-use development on the former U.S. Steel South Works facility along Lake Michigan that closed 25 years ago. The green-tech developer plans build as many as 20,000 residential units, as well as office and retail space on land that offers extensive lakeshore frontage and views of the Chicago skyline.

Emerald Living’s Barry O’Neill says they plan to work with the city and local community “to develop a new, exciting vision for this site and the surrounding South Chicago neighborhoods.”

The developer has five months to close the sale, following environmental review and site due diligence. Cushman & Wakefield’s Larry Goldwasser represented U.S. Steel in the sale.

A unit of Dublin-based WElink Group, Emerald Living plans to use an innovative, environmentally-friendly technology pioneered by Spanish partner, Barcelona Housing Systems (BHS), for large-scale residential projects.

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Read more at City of ChicagoConnect With New SouthWorksConnect With Cushman & Wakefield’s Goldwasser

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.