Michele Smith

City issues plan for 760 acres along Chicago River, likely to bring building boom

City issues plan for 760 acres along Chicago River, likely to bring building boom

Billions of dollars in commercial real estate development, as well as new sports fields, bridges, a new Metra station and other infrastructure could soon be coming to a 3.7-mile stretch along the Chicago River, after the city on Monday unveiled its final draft of proposed zoning and land use changes.

The plan, released by Mayor Rahm Emanuel and the city's Department of Planning and Development, maps out a framework for the way 760 acres of longtime industrial land will be converted to new uses such as office buildings, apartment towers and hotels near the river on the North Side. The corridor includes the former A. Finkl & Sons steel plant in the Lincoln Park...

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