Related Midwest today unveiled its plans for Phase 1 of The 78, a new riverfront neighborhood master planned with Skidmore, Owings & Merrill that will transform 62 acres that have been vacant for almost 100 years into a vibrant, mixed-use community and extend Chicago’s central business district southward. As part of Phase 1, the University of Illinois System’s Discovery Partners Institute (DPI) has signed a letter of intent to build a new innovation center at The 78 on land donated by Related Midwest.