Chicago Construction News staff writer
The City of Chicago has launched Build Better Together, an economic development strategy to drive inclusive and sustainable growth.
Mayor Brandon Johnson announced the plan at a groundbreaking for the adaptive reuse of 79 W. Monroe St. as 117 units of mixed-income housing.
Build Better Together is designed to bolster public-private partnerships and strengthen cross-collaboration among the city’s Departments of Planning and Development (DPD), Housing (DOH), Cultural Affairs and Special Events (DCASE) and Business Affairs and Consumer Protection (BACP), as well as World Business Chicago (WBC), the city’s public-private economic development agency.
“To drive development, growth and meaningful achievement in a city as large and diverse as Chicago, we must include all sectors and citizens—from businesses, institutions and government to the residents of all 77 community areas,” Johnson explained. “Build Better Together will maximize the connections between all stakeholders and accelerate the development of infrastructure.”
This initiative is based on three foundational pillars–quality and affordable housing for all, business innovation and job growth, and neighborhood investments and vibrant communities. Approval follows the Cut the Tape program and the $1.25 billion 2024-2028 Housing and Economic Development (HED) bond.
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