Wednesday 1 May 2019

How a $2B redevelopment site in Chicago landed in a federal Opportunity Zone: A TRD investigation

Most of the 135 Opportunity Zone Census tracts in Chicago trace a familiar path through the city’s most economically distressed neighborhoods, highlighting sections of the South and West sides with dwindling populations and scant new construction on the horizon. But two of the zones, which wind along a more developed section of lakefront two miles from Downtown, don’t resemble the others. Crossing into both is the former Michael Reese Hospital complex the city bought 11 […]



source https://therealdeal.com/chicago/2019/05/01/how-a-2b-redevelopment-site-in-chicago-landed-in-an-opportunity-zone-a-trd-investigation/#new_tab

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