MPEA Issues RFI for Redevelopment of McCormick Place’s Lakeside Center
The Metropolitan Pier and Exposition Authority (MPEA) has issued a request for information (RFI) for redevelopment of Lakeside Center, the oldest facility on the McCormick Place campus. The issuance of the RFI follows the Lightfoot administration’s rejection of a proposal to use Lakeside Center as the site of Chicago’s first casino, Crain’s Chicago Business reported.
Although MPEA said it’s open to any ideas for Lakeside Center, it’s seeking concepts that will “complement existing business and support its mission to attract trade shows, conventions, meetings, expositions, and public events. The ideal development will provide new revenue stream(s) for MPEA’s operating budget and generate additional economic impact for the City of Chicago and State of Illinois.”
Designed by Gene Summers and Helmut Jahn, Lakeside Center includes 580,000 square feet of exhibit space across two halls, 141,000 square feet of meeting space and a 45,000-square-foot ballroom. RFI submissions are due by Dec. 22.
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).
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!