City seeks redevelopment proposals for former Grand Boulevard streets and Sanitation office

0
141

The Chicago’s Department of Planning and Development (DPD) issued a request for proposals (RFP) for the former 3rd Ward streets and Sanitation office at 5021 S. Wabash Ave. in the Grand Boulevard community.

The 11,800-sq.-ft. development site is located within walking distance of Washington Park and the CTA’s 51st Street Green Line Station. The one-story, city-owned building dates to the 1910s.

Respondents to the RFP should seek to rehabilitate the existing structure. The prairie-style building has an orange rating on the Chicago Historical Resources Survey and could be eligible for a landmark designation. The city’s development assistance could include Tax Increment Financing support, Neighborhood Opportunity Fund grants, purchase-price write-downs, and other resources.

An RFP pre-submission meeting is scheduled for 2 p.m. on Wednesday, April 14. The deadline for responses is 4 p.m. on Wednesday, June 30.

A winning project team is expected to be announced by the DPD later this year. A formal review and approval process will follow, including potential hearings with the Chicago Plan Commission, the Community Development Commission and the City Council.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.