Chicago’s City Council has given final approval to a Tribune Media subsidiary’s plan for a mixed-use project at 777 W. Chicago Ave. Combined with Tribune’s neighboring property at 700 W. Chicago Ave., the combined site will be known as the River District and could encompass over eight million square feet.
“The River District will be a dynamic new neighborhood that will transform the face of the North Branch and serve as a natural extension of Chicago’s downtown, connecting neighborhoods and people,” said Murray McQueen, president of Tribune Real Estate Holdings.
The first phase of the 777 W. Chicago redevelopment is expected to occur on seven “shovel ready” acres that could support 1.5 million square feet beginning in 2020. This will include up to 1,500 residential units along Grand Avenue.
The remaining phases will be built out based on market demand and support, up to an additional seven million square feet.
Get to know us and Chicago’s commercial real estate elite at Connect Media’s Chicago launch event, scheduled for Nov. 8.
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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