Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors

Topics

Chicago & Midwest  + Office  | 

Union Station Redevelopment Plan “Completely Revised”

Riverside Investment & Development will present a revised plan for redeveloping Chicago’s Union Station at a Sep. 11 community meeting. The original proposal included 400 apartments that would have been built in a seven-story addition to the historic station, but that component has apparently been scrapped, Crain’s Chicago Business reported.

In an emailed statement to constituents last week, Ald. Brendan Reilly wrote that the redevelopment’s original plan was “deemed unacceptable” after its presentation to the public this past June. “As a result, the development team decided to completely revise their vision for the project. Their revisions respond directly to the community feedback gathered at the first community meeting.”

The development team, which also includes Convexity Properties and architectural firm Solomon Cordwell Buenz, also hopes to build an office tower on the site of an Amtrak parking garage near the station. That proposal will have to go through public review.


Get Chicago News in 150 Words

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

Read More at Chicago BusinessConnect With Riverside

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).