The Future of Finkl

Photo credit: Steven Vance/Flickr

It’s election day, folks, and a big issue for the 2nd Ward is the future of the 28-acre former A. Finkl & Sons steel plant in Lincoln Park and the area’s 115-acre planned manufacturing district. The six aldermanic candidates have expressed an openness to amending the PMD, DNAInfo reports, but neighborhood groups worry they’re being left out of the planning process for Finkl’s future with demolition imminent. What’s been talked about: dropping the PMD to make way for residential development (adding a supposed $13M more in annual property taxes); creating a high-tech manufacturing and R&D area like what’s happening over on Goose Island; transfer of the PMD to another part of the city (too tricky, some argue, given the amount of existing industrial businesses); and even an 80k SF Finch’s brewery and taproom. What do you think makes sense for Finkl? Tell marissa.oberlander@bisnow.com!

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

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Philly's Big-Box Warehouse Owners Subdivide Spaces After Developing 'The Wrong-Size Buildings'

Blackstone Sells $1B Industrial Portfolio To Atlanta-Based Investor

Redevco Buys 560K SF Jaguar Land Rover Logistics Hub In UK IOS Push

Fined For Rotting Food At Burned LA Cold Storage Warehouse, Lineage Plans To Rebuild

Americold Abandons Automated Warehouse Partnership

Rexford Planning Up To $2B In Dispositions This Year

While Chicago Development Stalls, Fulton Market Keeps Building

AI Has Saved Time But Muddied Traffic Data For CRE Marketing Execs

Industrial Consolidation Continues With European Giants Agreeing To $15B Merger

Blackstone's Industrial Arm Sells Revere Warehouse For $45M

Prologis To Buy Segro In One Of Industrial's Largest Mergers Ever