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City Council Clears Land Sale for Northwestern Memorial’s Bronzeville Facility
Northwestern Memorial Healthcare will build a $130-million outpatient center in the South Side’s Bronzeville neighborhood through a city land sale approved Wednesday by the Chicago City Council.
Planned for 4800-34 S. Cottage Grove Ave., the complex will utilize 0.5 acres of vacant cty land that Northwestern will purchase for the appraised value of $970,000 and combine with its adjacent land holdings. The four-story outpatient facility will include urgent, primary, and specialty care services, along with a pharmacy, cancer center and retail space.
As part of the purchase, Northwestern will transfer a 15,444-square-foot property it owns at 4833 S. Evans Ave. to the city in exchange for a credit toward the acquisition of the Cottage Grove site. The credit will be worth the Evans property’s appraised market value of $88,000. The city intends to combine the Evans property with an adjacent, 0.29-acre city site for future redevelopment.
- ◦Sale/Acquisition
- ◦Policy/Gov't
