Chicago & Midwest + Downtown | February 19, 2019

Tribune Media Puts River District Tract on the Market

Tribune Media has hired Eastdil Secured to market the 37-acre River West tract it planned to develop in partnership with Riverside Investment & Development. Known as the River District, the project won approval last October from the Chicago Plan Commission.

The Tribune/Riverside plan called for offices, retail and as many as 4,000 apartments to be built. “The River District is a once-in-a generation opportunity to transform 37 acres of underutilized industrial land into a new, world-class urban neighborhood,” Tribune Real Estate’s Murray McQueen said in a statement.

The site runs between Chicago and Grand avenues along the river, and was among those presented to Amazon when the e-commerce giant sent scouts to Chicago on its search for a second headquarters. The site includes the Freedom Center facility, where the Chicago Tribune and other newspapers are printed by Tribune Publishing, which separated from what is now Tribune Media in 2014.

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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 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).