City Strives For Balance Between New And Historic Uses In Industrial Corridors

By Published On: January 16, 2019Categories: Business News, Commercial Real Estate News, Residential Real Estate News, TJ Client NewsComments Off on City Strives For Balance Between New And Historic Uses In Industrial Corridors
Rezoning parts of Chicago’s Planned Manufacturing Districts(PMDs) has given rise to new residential and commercial projects that have transformed once-industrial areas like the Fulton Market District into vibrant mixed-use neighborhoods. When the city released proposed guidelines for modernizing a portion of the Kinzie Industrial Corridor, Taylor Johnsonoffered to connect media with several clients who could speak to the corridor’s potential. A resulting Bisnow story included insights from Structured DevelopmentGinsberg Jacobs LLC and Fifield Cos., all of which explained why a thoughtful approach to rezoning has many upsides, from increasing the tax base to creating modern workspaces that will attract innovative companies.
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Rezoning Fulton Market for office use helped transform the West Loop, with residential towers like the new 727 West Madison accommodating professionals who work in the vibrant neighborhood.

 

 

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