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Chicago selling vacant land to spur redevelopment across city

Summary by The Business Journals

Chicago is selling hundreds of vacant lots across the city, with some available for as little as $1.

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The Baltimore Banner

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State wants to fast-track redeveloping Baltimore’s vacants

Six months ago, Maryland Gov. Wes Moore packed into a crowded multipurpose room at a West Baltimore community center and set an ambitious goal: knocking 5,000 vacant homes off the city’s tally in five years.

3 days ago

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The Business Journals

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Chicago selling vacant land to spur redevelopment across city

Chicago is selling hundreds of vacant lots across the city, with some available for as little as $1.

4 days ago·United States

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WirePoints Illinois Financial News

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City Opens Applications For More Than 400 Vacant Properties To Boost Redevelopment – Block Club Chicago

The estimated collective worth of the parcels is $26 million, according to a news release from Mayor Brandon Johnson’s office. Some properties have been made available at a discount — dependent on the proposed use — to encourage developers to “think strategically” about creating affordability throughout the city, Commissioner Ciere Boatright said.

4 days ago

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Chicago Tribune

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City puts hundreds of vacant lots up for sale, part of several initiatives to kickstart development

Mayor Brandon Johnson has put up for sale more than 400 vacant lots across Chicago, part of an initiative to cut red tape, better leverage city resources, attract more private investment, and build more affordable housing. Johnson said he envisions getting these empty city-owned spaces into the hands of developers ready to build new mixed-use districts, other commercial projects or affordable homes. “Being marketed on the ChiBlockBuilder.com web…

4 days ago·Chicago, United States

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Block Club Chicago

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City Opens Applications For More Than 400 Vacant Properties To Boost Redevelopment

CITYWIDE — The city of Chicago is now considering proposals for the purchase and redevelopment of hundreds of vacant land parcels, including dozens of sites designated for a program aimed at boosting the city’s middle class.The city began accepting redevelopment applications Tuesday for more than 400 land parcels, including 54 “Missing Middle” lots. Those lots are being offered through a program from the city’s Department of Planning and Develop…

4 days ago·Chicago, United States

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