Lincoln Yards Groundbreaking Scheduled For July
Posted by Leo Clark. on Saturday, May 8th, 2021 at 10:40am.
The first groundbreaking on a new mixed-use campus in Lincoln Yards could happen this summer. In July, developers plan to start construction of a new life sciences facility on the site.
Sterling Bay plans to start with a 320,000 square foot lab building. Crews will also be doing some other infrastructure work at the site.
It’s all part of the first phase of a new North Side megaproject. The life sciences research center is a planned eight-story building that is expected to go in on the southern edge of the $6 billion campus.
If all goes as planned, construction of the research center will mark the very first new building on the 55-acre site. Initial development could take at least three years.
Plans also include hundreds of apartments, an office building and a park. The construction of a Dominick Street bridge to connect both sides of campus likely won’t happen until a later phase.
The property sits on the North Branch of the Chicago River. Two years ago, the city council approved plans for the massive mixed-use development.