Market-Rate Rental
144,878 sf / 138 Units
Market-Rate Rental
93,858 sf / 98 Units
Market-Rate Rental
Affordable Rental
55,020 sf / 51 Units
Affordable Rental
182,255 sf / 169 Units
Affordable Rental
Office
254,566 sf
Office
185,021 sf
Office
Institute
209,459 sf
Institute
Multi-Purpose
71,765 sf
Multi-Purpose
Retail
89,016 sf
Retail
125,907 sf
Retail
Parking
146,913sf / 576 spaces
Parking
366,685 sf / 1,438 spaces
Parking
493,513 sf / 155 Units
Market-rate housing
284,373 sf
Institute Multi-Purpose
Affordable housing
36,891 sf
2,744K sf
Gross Builtout
$ 969M
Development Cost
52% LTV
Office
736K Market-rate Rent
528M
Institute Retail 209K 72K 252K
724K Office
Multi-Purpose
Infrastructure 23M
+
514K Pariking Finance 185M
232M
+
Land /Preparation
Buildings
KE
Sources
NN
152M 48M Developers PrivateEquity
Infrastructure
Institutional
Affordable Rent 237K
Housing
172M City of Chicago
Education
ED YE
XP
3M 178M Reinvestment Proceeds
415M Loan
+
Y
FINKL SITE
+
Equity
THE 606
THE 606
Retail
Public 77%
Affordable 24%
Parking
Workforce Institute 209,409sf
City of Chicago 46% Crowd funding 0.9%
+ +
+
+
N
FINANCIAL SNAPSHOT
LEGEND
phase 3
| LIBERATION 2017
2018
2019
2020
2021 Workforce Academy opens its doors Public Utilities and infrastructure established on the site
2022
2023
2024
2025 2026 636 households have been occupied
2027
POCKET GREENS MAJOR AVENUES BIKE TRAILS
VE NA
| PURIFICATION
Catharsis is market stablized
+
EXISTING BUS STOP
0
AVE
phase 2
Phase 3 commences Third construction loan disbursement
L STATIONS
CENTRAL GREEN SPACE
ON LST
| PURGATION
0
+
BUS STOP
LOWER RIVER WALK UPPER RIVER WALK
PRIMARY ROADS SECONDARY ROADS PROPOSED ROADS PROPOSED BRIDGES PROPOSED BUS STOPS PROPOSED TRAIN STATION
O LST NE
+
PARKS
LEGEND
+
+
LEGEND
NE
phase 1
+
Phase 2 commences
W NORTH AVE
AV E
KENNEDY EXPRESSWAY
+
Phase 1 commences First construction loan disbursement
RN
CTA LINE
METRA LINE
Sale of Metro to CTA Second construction loan disbursement
OU
GOOSE ISLAND
PRIMARY ROADS
Acquisition/Consolidation of Site A and B Raise private equity
+
CL YB
+
+
LAND USE
W NORTH AVE
1000 ft
Sale of Propeties
0
500 ft
REGIONAL CONTEXT
500 ft
SITE CIRCULATION
OPEN SPACE ANALYSIS
2028
DEVELOPMENT TIMELINE
12/18 - 12/23 KWANZAA + XMAS CELEBRATIONS
12/17 FOOD + WINE MARKET
METRA STATION + UBER HUB
01
HI-TECH STREETSCAPE
02
LOCAL RESTAURANTS + RETAIL SPACE
03
INNOVATION HUB + INCUBATOR SPACES
04
TECH BOULEVARD [OFFICES + AFFORDABLE HOUSING]
05
DIVERGENT [STORM-WATER MANAGEMENT + SOCIAL ENGAGEMENT]
06
THE SHED [A FORUM FOR COLLABORATION]
07
VIBRANCY CENTER [CULTURAL PLAZA]
08
MARKET-RATE TOWNHOUSES
09
BOUTIQUE RETAIL + INNOVATION HUB
10
WORKFORCE HOUSING
11
WEEKLY EVENTS FM HOLIDAY MARKET
WINTER COLOR RUN
12/15 FROZEN WATERS HOLIDAY FESTIVAL NEIGHBORHOOD HOLIDAY MARKET
WINTER TRI- A - THON
11/18 - 18/23 THANKSGIVING WEEK MARKET + CUISINE
12/5 INTERNATIONAL INDUSTRIES FORUM
DECEMBER
BIKE - A- LONG EVENT
STRETCH - ALONG - THE - RIVER
11/11 WARMTH IN THE WIND NIGHT FESTIVAL MARKETS OF THE WIND
11/3 INDUSTRY + COMMUNITY COEXIST FORUM WINTER RUN
10/31 CHICAGO HALLOWEEN FEST
NOVEMBER
BIKE - A- LONG EVENT
10/14 365 FLAVOURS FOOD FESTIVAL YOGA FOR ALL DAY
RUN THROUGH WINDS
WIND BIKE SHOW
COMMUNITY MARKET
YOGA FOR ALL DAY
10/2 INDUSTRIAL TRAINING WORKSHOP
OCTOBER
9/12 LIGHT AND WATER FESTIVAL
9/12 HYBRID ENVIRONMENTS EXPO
9/5 LABOR DAY LOCAL FEST ECO-RIVERWALK DAY
WELLNESS MARATHON
8/17 - 8/25 WELLNESS AWRENESS WEEK
SEPTEMBER
BIKE THROUGHCOLORS
YOGA FOR ALL DAY
FALL COLOR RUN
WELLNESS MARATHON
8/16 STUDENT EXPRESSION FESTIVAL
7/27 UNIVERSITY TECH FAIR
8/6 INDUSTRIAL OPEN WEEK EXPO
AUGUST
NEIGHBORHOOD BBQ EVENT
7/15 SUSTAINABLE PRODUCTION CONFERENCE NIGHT - RUN
7/4 4TH OF JULY CELEBRATIONS 7/10 RIVERFRONT MUSIC FESTIVEL STERTCH - ALONG - RIVER
WATER FRONT ACTIVITIES
BIKE - A- LONG EVENT
CANCER AWARENESS RUN
BIKE SHOW
RUN FOR CHARITY
JULY
6/27 GOOSE ISLAND BEER GALA
6/2 SUMMER DANCE AND MUSIC FESTIVAL
5/29 MEMORIAL DAY MARKET BIKE - A- LONG EVENT
5/11 GREEN LOOP MARATHON YOGA FOR ALL DAY
5/3 INTERNATIONAL STUDENTS INDO-CONFERENCE ECO-RIVERWALK DAY
ACCEPTANCE PARADE
4/28 NATIVE INDIAN CUTURE WEEK LOCAL COLOR RUN
JUNE
6/11 CHICAGO INDUSTRIES EXPO
MAY
4/19 GLOBAL PRODUCTION FORUM COMMUNITY OPEN EXHIBITION
4/12 WOMEN’S WELLNESS PARADE CLEAN THE RIVER EVENT
WOMEN’S RUN
NATURE BIKE HIKE
4/2 CHICAGO MODERN ART EXPO
APRIL
3/22 - 3/29 SCIENCE + INDUSTRY CONFERENCE
3/17 PATRICK’S PARADE NEIGHBORHOOD GAME DAY
ZUMBA - AT - PLAZA
NEIGHBORHOOD GAME DAY
STRETCH - AT - PLAZA
NEIGHBORHOOD MARKET
BIKE - A- LONG EVENT
RUN-THE-LOOP MARATHON
The site stitches itself within the existing urban fabric, connecting with the adjacent FINKL and Goose Island sites. Nearby bus stops and a close proximity to the L provide a walkable transit system, while a new Metra station increases connectivity beyond the region.
YOGA FOR ALL DAY
URBAN CONNECTORS
ECO-RIVERWALK DAY
WELLNESS MARATHON
WEEKLY EVENTS
RUN ALONG RIVER MARATHON
3/4 INNOVATIONS TECH FAIR
2/26 GLOBAL ENVIRONMENT CONFERENCE
MARCH
2/18 - 2/21 CHICAGO THEATRE FESTIVAL
2/7 SUPER BOWL GALA
REGENERATIVE BLOCK
2/12 MANUFACTURING EXPO
1/23 CHICAGO BIKE-A-THON 1/26 -1/31 LOCAL FOOD FESTIVAL
INVERSION OF BLOCK
EVENING
ARCHETYPAL BLOCK
FEBRUARY
1/16 MLK FILM AND ART FESTIVAL
AFTERNOON
1/6 INDUSTRIAL TECH FAIR
MORNING
JANUARY
NOTE: EVERY BUILDING HAS INDEPENDENT STRUCTURED PARKING
FARMER’S MARKET INDUSTRIAL INSTITUTIONAL COMMUNITY
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
FM
JORDAN
RACHEL
A yoga instructor who recently moved into the affordable housing. She holds classes every morning and evening targeted especially at youth fighting depression.
A jazz musician, event manager and Chicago native. He plans events at The Shed every month and is also an adjunct faculty member at the Workforce Academy.
A self employed restaurateur who owns and operates an Italian Deli. She is a lifelong Bulls fan and her dream is to cook for Michael Jordan someday.
He studied at the Workforce Academy and is currently working as a shop floor mechanic at a factory in Engelwood. He is very passionate runner and runs marathons regularly.
Maintaining a neighborhood setting with a humane scale is achieved by creating a compact grid. The nature of the grid system makes it possible to host a diverse set of activities, creating a heterogeneous development.
FM
ANITA
TOM
GRID + BLOCKS
FM
MICHELLE She is a recent grad from the Booth Business School and has opened her first preschool. She aspires to make it a national chain.
09
YAO A software engineer who works at the Wrigley Global Innovation Center at Goose Island. He loves the hustle and bustle of downtown and is a big foodie.
RESIDENT PROFILES
08 07
SMALL LOCAL STORES + CAFES
EXTENSION OF THE 606 A continuous loop of landscape and water fits itself between the proposed River-walk and the 606 linear park. Two tiers of landscape create public access to the river and private open space above, and a neighborhood storm-water collecting body becomes the centralized open space.
MANUFACTURING EXPO
LOCAL FOOD FESTIVAL
NEIGHBORHOOD MARKET
MEDIUM SCALE CHAIN STORES
NATIONAL CHAIN BUSINESSES 07
05
BUSINESS PROFILES
06
05
03
07 04 02
BOULEVARD + PLAZA Circulation spines are generated from contextual input of the North Branch Corridor. These streets are designed to be active day and night, making the neighborhood a safe and lively place to live, work and play.
10
01 05
09
0
11
500’
CATHARSIS | CHICAGO TEAM 172040
CATHARSIS
From Greek katharsis meaning purification or cleansing. The purification and purgation of emotions—especially pity and fear—through art or any extreme change in emotion that results in renewal and restoration. It is a metaphor originally used by Aristotle in the Poetics, comparing the effects of tragedy on the mind of a spectator to the effect of a cathartic on the body.
PURGATION PURIFICATION LIBERATION