Posted 16 months ago
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Ariella Gibson | Marketing and Communications Manager, Chicago Loop Alliance | Ariella@ChicagoLoopAlliance.com | 708-543-4002
Swasti Shah | Director of Community Engagement, Urban Land Institute Chicago | Swasti.shah@uli.org
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FOR IMMEDIATE RELEASE | Aug. 3, 2023
The Urban Land Institute Chicago (ULI Chicago), with support from the City of Chicago Department of Planning and Development and Chicago Loop Alliance, convened a multi-disciplinary panel of real estate professionals and cultural leaders to develop recommendations to reenergize and “Elevate” State Street from Wacker Drive to Ida B. Wells Drive. The panel was tasked with recommending strategies to establish State Street as a vibrant, mixed-use district, for Chicagoans and visitors, in the heart of the City. ULI Chicago Technical Assistance Panel (TAP) members reviewed extensive background materials, met with more than 70 stakeholders, and worked collaboratively in a 2-day workshop on June 28-29, to develop their recommendations.
ULI Chicago is hosting a community meeting to present these recommendations on Wednesday August 16, 2023, at 6 p.m. at Cindy Pritzker Auditorium Theater (Lower Level of the Harold Washington Library Center), 400 S. State Street, Chicago, IL, 60605. Reservations are required to attend, please click here to reserve your spot.
“Reclaiming State Street as Chicago’s great street, a place for world-class culture, entertainment, education, and quintessential Chicago experiences for residents and visitors alike, is essential for the vibrancy and long-term health of the downtown and the City,” said Mark Kelly, ULI Chicago Panel Chair and former Commissioner, City of Chicago’s Department of Cultural Affairs and Special Events (DCASE). “The ULI Chicago panel is honored to present recommendations for the future of State Street, a street tied intimately to the rhythm of Chicago and all of its 77 community areas,” he added.
“State Street will remain an important corridor that innovates and serves as a driver for what other cities across the globe should aspire to achieve,” said Michael Edwards, President and CEO of Chicago Loop Alliance. “Our most recent planning efforts for State Street’s future began in 2019 before an abrupt disruption due to the pandemic, which caused us to encourage and gratefully welcome the experts at Urban Land Institute and Department of Planning and Development to pick up the reins of strategically envisioning what the iconic street offers. We look forward to the potential of incorporating the TAP recommendations into the 2024 Central Area Plan.”
Central City Recovery
The ULI Chicago TAP for State Street was convened as part of the City of Chicago’s downtown recovery planning efforts, which resulted in the "Central City Recovery Roadmap" plan in June 2021.
About Chicago Loop Alliance
Chicago Loop Alliance (CLA)’s mission is to create, manage and promote positive and inclusive programs that attract people to the Loop and accelerate economic recovery. CLA is a membership organization as well as the sole service provider for Special Service Area#1-2015, and the Chicago Loop Alliance Foundation produces public art projects and events. For more information, visit LoopChicago.com.
About ULI Chicago
The Urban Land Institute (ULI) is a global, member-driven organization dedicated to advancing the Institute’s mission: shape the future of the built environment for transformative impact in communities worldwide. ULI Chicago, a District Council of the Urban Land Institute, has over 1,500 members in the Chicago area representing all aspects of the real estate industry, including developers, property owners, investors, architects, planners, public officials, real estate brokers, appraisers, attorneys, engineers, financiers, and academics. ULI Chicago’s Technical Assistance Panel (TAP) program allows local communities and government agencies an opportunity to access strategic advice from development experts that they could not obtain through any other process. Through its TAP program, ULI Chicago convenes a multidisciplinary team of ULI-members and partners to address complex land use challenges and help sponsors find creative, practical, and implementable solutions.
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