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RFP to Redevelop Historic Woodlawn Bank Building

The Cook County Land Bank Authority has an issued an RFP to redevelop the former Washington Park National Bank Building at the corner of 63rd Street and Cottage Grove in the South Side’s Woodlawn neighborhood. The 35,000-square-foot property has sat vacant for more than two decades.

When the 94-year-old property was new, according to the RFP, “63rd Street was historically a vibrant commercial corridor.” However, the neighborhood has experienced “high vacancy and job loss over the past several decades.”

The CCLBA intends to have the property redeveloped “with high quality, mixed-use development to serve the Woodlawn and adjoining communities, and transform the property into an economic and jobs generator with creativity in plan and program, excellence in architectural design and long-term viability,” according to the RFP. Although the RFP indicates either reuse or replacement of the existing property, any new structure must be no more than five stories tall.

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About Paul Bubny

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 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).