After nearly a year of planning, the city has released its proposed framework for the redevelopment of 760 acres of industrial land along a 3.7-acre stretch of the Chicago River. Under the much-anticipated draft plan, some of the corridor’s existing Planned Manufacturing District zoning would be lifted to make way for new residential and commercial uses, as well as 60 acres of open space. It’s land that Taylor Johnson client Structured Development knows well having developed numerous properties nearby, including NEWCITY. Knowing insights from company founder Mike Drew, who has been involved in the community input process, would be of interest to media, we facilitated an interview with the Chicago Tribune. Click here to read the full article, in which Drew predicts the zoning changes will have “the largest economic impact on the city since the development of Millennium Park.”

Structured Development’s NEWCITY complex sits immediately adjacent to the North Branch Industrial Corridor, an area poised to see massive redevelopment.