It’s Go-Time for McCormick Place Construction

McCormick Place, Chicago

After major delays and budget concerns, construction is finally slated to begin this July on the McCormick Place-adjacent DePaul basketball arena and 1,200-room Marriott Marquis hotel, DNAInfo reports (with both slated to open in summer 2017). That’s just a couple of pieces of the puzzle in the South Loop’s renaissance, which also includes a new Green Line station on Cermak, the Chicago Housing Authority’s planned mixed-income housing development on the site of the former 1,006-unit Harold Ickes Homes and a growing number of luxury multifamily projects.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

While Chicago Development Stalls, Fulton Market Keeps Building