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The 78

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Chicago, IL 

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Michael Ellch
Vice President, Related Midwest

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The  78 is the next great neighborhood of Chicago located at Clark and Roosevelt. This 62 acre site will be one of the largest development projects in Chicago's history, and will create a vibrant neighborhood in the South Loop through a multi-phased, mixed-use development that will include world-class residential, retail and office space.

 

Located at the southwest corner of Clark Street and Roosevelt Road and extending a half-mile south along the Chicago River to 16th Street, the property is the largest undeveloped parcel of land in downtown Chicago. The 78 is master-planned in partnership with world-renowned architecture firm SOM and calls for a curated mix of residential, commercial, institutional, cultural and recreational uses, including 40 percent green and open space and a half-mile of developed riverfront that will expand the city's existing Riverwalk. An extension of Chicago's central business district, The 78 will connect to the downtown core via the new Wells-Wentworth Connector and to the entire city via bike-friendly streets and proximity to all major transit lines.  

 

The first step towards creating the 78th neighborhood is the unveiling of the plans for an interdisciplinary public-private research and innovation center known as the Discovery Partners Institute (DPI). DPI is the inaugural step in the development of the Illinois Innovation Network (IIN), which will join businesses, public sector partners and research universities to focus on the study of computing and big data, food and agriculture, and health and wellness. Led by the U of I System, with its campuses in Champaign, Springfield and Chicago, DPI will bring students, world-class faculty and businesses together to share ideas and take them into their respective communities.




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PROPERTY TYPE

Mixed-Use/Destinations

PROPERTY SIZE

62 Acres