Panel approves $350 million project planned for Children's Memorial site

Posted on February 19, 2014

Micah Maidenberg I Crain's Chicago Business

A city panel approved developer Dan McCaffery's scaled-back plan for the former Children's Memorial Hospital campus in Lincoln Park, a project some area residents and community organizations have decried as too big and too dense for the North Side neighborhood.

After more than two years of debate about the size and scope of the proposed development, the Chicago Plan Commission voted unanimously today to allow Mr. McCaffery to build 760 housing units and 162,596 square feet of commercial space on a six-acre property at Halsted Street and Lincoln and Fullerton avenues.