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GRIT, a partnership including Farpoint Development, McLaurin Development Partners, and others, is leading the $3.8B Bronzeville Lakefront redevelopment on Chicago’s South Side. The 48-acre project will deliver 7M sq. ft. of commercial, cultural, and residential space, starting with a $600M first phase featuring a 500K sq. ft. Bronzeville Innovation Center, Chicago ARC lab, Singer Pavilion reuse, 200 senior housing units, and townhomes. Plans also envision a proposed 75,000-seat stadium and a data center.
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According to the 2020 US census, the population of Chicago, IL was 2,748,331.
The forecasted population for Chicago, IL in 2026 is 2,715,590.
The projected population for Chicago, IL in 2030 is 2,690,890.
The average property price in Chicago, IL is $312,457.
The property prices in Chicago, IL are currently on an increasing trend.
The average rent value in Chicago, IL is $2,292.
The average household income in Chicago, IL is $100,347.