After months of delay, a change in state law now allows for Taylor Johnson client Evergreen Real Estate Group to begin work on redeveloping Chicago’s vacant 10-story Ravenswood Hospital campus into an affordable senior housing community. Evergreen is moving forward with plans for a $60 million mixed-use redevelopment with separate supportive and independent living facilities under one roof, which was previously prohibited by state regulations. Knowing the Chicago Tribune had been following the status of the Ravenswood Hospital, TJ alerted the Tribune reporter when the bill passed through the Illinois General Assembly and was finally signed into law on April 6. The result was this story on the mixed-used project.

Evergreen Real Estate Group has announced a $60 million redevelopment project of the former Ravenswood Hospital, located at 4501 N. Winchester Ave. in Chicago, into a mixed-use senior housing community.