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

California Investor Scoops Up Amazon Warehouse: The Chicago Deal Sheet

How Crystal Lake 'Connects The Dots' To Building Complete Community

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Prologis Acquires 69 Acres For 1M SF Chicago-Area Industrial Development

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

First LaSalle Street Reimagined Conversion Opens In Chicago's Loop

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient