Common Council Okays Redevelopment of Morton Salt Storehouse on Chicago River

Morton Salt’s former stockroom along the Chicago River might quickly begin changing right into a songs and occasions venue, the Chicago Tribune reported. The $50-million redevelopment plan by Blue Star Characteristic and R2 was authorized Friday by the City Council.

Friday’s vote was the last difficulty the growth group required to clear to permit nonindustrial usages for the former salt storage space center, located on 4.25 riverfront acres on the city’s North Side.

Chicago restaurant and entertainment team 16 1/4 u2033 on Center prepares to put on performances as well as other events at the Elston Opportunity home, recognized for the salt business’s big “Umbrella Girl” indication that shows up from the Kennedy Expressway.

“I think it will certainly be a premier songs venue in Chicago due to the fact that it has the inside and outdoors,” Craig Golden, president of Blue Celebrity and a partner at 16 1/4 u2033 on Facility, told the Tribune.

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Paul Bubny functions as Senior Material Director for Connect Business Property, a duty to which he brings 13-plus years’ experience covering the commercial actual estate market as well as 30-plus years in business-to-business journalism.
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Published at Mon, 01 Mar 2021 05:06:31 +0000

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