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Michael Reese Development Strategy Exec Summary Report

Michael Reese Development Strategy Exec Summary Report

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Published by Zoe Galland
Michael Reese Development Strategy Exec Summary Report
Michael Reese Development Strategy Exec Summary Report

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Published by: Zoe Galland on Jun 19, 2014
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06/20/2014

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SKIDMORE, OWINGS & MERRILL LLP HR&A ADVISORS SB FRIEDMAN & CO.GINGKO PLANNING & DESIGN, INC. PRISM ENGINEERING, INC. REGINA WEBSTER & ASSOCIATES, INC.O-H COMMUNITY PARTNERS, LTD.  VISTARA CONSTRUCTION SERVICES DLA PIPER LLP
MICHAEL REESE REDEVELOPMENT STRATEGY
FINAL - MAY 2013
 
Michael Reese Redevelopment Strategy
01 The Michael Reese Opportunity
OpportunitiesChallengesCommunity InputRedevelopment Goals
02 The Redevelopment Strategy
 A Long-Term VisionThree Distinct Districts Redevelopment Framework PlanPlan Principles
03 Anchor Scenarios
Three Potential AnchorsOption A: Casino-Anchored Entertainment ComplexOption B: Signature Cultural Destination – Obama Presidential CenterOption C: Convention-Oriented Hotel ClusterComparison of the Three Anchor Strategies
04 Implementation
Next Steps
1. Create an Entitlement Framework 2. Establish a Disposition Strategy3. Refinance Debt4. Assemble Land 5. Begin Investing in Infrastructure
Moving Forward
1
Skidmore, Owings & Merrill LLP • HR&A Advisors • SB Friedman • Gingko Planning & Design • Prism Engineering • Regina Webster & Associates • O-H Community Partners • Vistara Construction Services • DLA Piper 

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