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Farpoint Elevates Morgan Malone to Managing Director
Morgan Malone has been named Farpoint Development’s managing director of strategic initiatives and operations, at age 28 becoming one of the youngest managing directors in Chicago real estate. The promotion further expands her thought leadership at the company, where Malone was previously director of development and external affairs.
In her new role, Malone will continue to steward the $8.5-billion Bronzeville Lakefront megadevelopment, on the former Michael Reese Hospital site, while also contributing to Farpoint’s social impact, strategic partnerships and operations at large.
“Morgan is an economic development maven, with a deep understanding of social impact and how to skillfully navigate complex systems and processes,” said Regina Stilp, a founding principal of Farpoint Development, one of the six firms that comprise GRIT, the joint venture behind Bronzeville Lakefront on Chicago’s South Side. “This project is a behemoth, and in a sense, Morgan is the glue that holds it all together.”
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