City Council Okays Ground Lease for Boys and Girls Club in Humboldt Park
The Chicago City Council has approved a long-term ground lease to the Boys and Girls Club of Chicago to build a youth center in the 4400 block of West Chicago Avenue in Humboldt Park. Reportedly it will be the city’s first new Boys & Girls Club built since the mid-1990s.
Approval of the ground lease followed sign-offs earlier this month by the Community Development Corporation and the City Council’s City Council’s Committee on Housing and Real Estate. The city agreed to lease land on the new Joint Public Safety Training Academy campus to the Boys & Girls Clubs for $1 per year for an initial term of 55 years, plus two possible 10-year extensions.
The facility will serve children ages 5 through 18. The Boys and Girls Club has already raised $6 million of the $8-million construction cost through private donations, president and CEO Mimi LeClair told Crain’s Chicago Business.
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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