Foundry Park: A New Vision for Lincoln Yards' Future

Foundry Park: A new vision for Lincoln Yards' future

CHICAGO (WGN) - A new developer is set to take control of part of the former Lincoln Yards, with a new vision of what it could become. "We've been looking at a pile of weeds for Lincoln Yards for several years now," Ald. Scott Waguespack (32nd Ward) said. "The community is very excited to see this." Waguespack is talking about what developers are calling Foundry Park, a nod to the history of the property. The potential development would be locat…

New plan for 2 companies to acquire 'Lincoln Yards' after stalled development

A new agreement was announced to develop part of the property that was to be known as "Lincoln Yards" in Chicago.

The End Of Lincoln Yards? New Developer Announces Revamped Plan For Part Of Megadevelopment

JDL and Kayne Anderson Real Estate plan to acquire the northern portion of Lincoln Yards and turn it into "Foundry Park," with up to 3,000 housing units. Lincoln Yards developer Sterling Bay surrendered the land to a bank earlier this year.

New owners recalibrate plans at Lincoln Yards parcel

Goodbye, Lincoln Yards megadevelopment of towering heights. Hello, Foundry Park, an idea for a new residential enclave on the North Side.Developer Jim Letchinger said Thursday he will acquire, with Kayne Anderson Real Estate, the northern chunk of the former Lincoln Yards development site. The vacant 31 acres includes the old Finkl Steel property on Cortland Street along the Chicago River. The buyers said the sale should close by the end of the …

Lincoln Yards parcel’s new owners recalibrate plans after Chicago development project falters

Goodbye, Lincoln Yards megadevelopment of towering heights. Hello, Foundry Park, an idea for a new residential enclave on the North Side. Developer Jim Letchinger said Thursday he will acquire, with Kayne Anderson Real Estate, the northern chunk of the former Lincoln Yards development site. The vacant 31 acres includes the old Finkl Steel property on Cortland Street along the Chicago River. The buyers said the sale should close by the end of Sep…

One of nation’s largest development sites gets new investors, name and vision in Chicago

Kayne Anderson, JDL to buy large piece of Lincoln Yards, rebranding residential-focused project