Chicago & Midwest + South Side + Apartments | March 9, 2023

Chicago Planning & Development Shortlists Three Proposals for McKinley Park Site

The Chicago Department of Planning and Development (DPD) has shortlisted three proposals to rehabilitate a vacant, 571,476-square-foot, city-owned warehouse at 1769 W. Pershing Rd. in McKinley Park’s historic Central Manufacturing District complex. The proposals were submitted in response to an RFP issued last July.

The three proposals include a $121-million plan for a mix of uses, including 120 units of mixed-income housing; approximately 200,000 square feet of commercial offices, lab space and retail space; and exterior parking for 120 vehicles.

Another proposal calls for 114,000 square feet of commercial offices; 40,000 square feet of movie studio space; 13,500 square feet of retail space; indoor parking for 100 vehicles; and exterior parking. The third proposal entails 425,000 square feet of mixed-use commercial space and 40 mixed-income residential units. All three proposals also offer plans for an adjacent, 3.2-acre site.

DPD said a final decision could be reached by this summer.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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