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McCaffery Interests to develop Children's Hospital

Published: Monday, September 12, 2011

Updated: Monday, August 27, 2012 16:08

Children's Memorial

Paige Wagenknecht

McCaffery Interests Inc. will redevelop the Children's Memorial Hospital site after it moves to Streeterville in June 2012.

In August, McCaffery met privately with leaders of neighborhood groups and the community to seek input regarding the development.

"I look at it as a divide-communicate strategy," he told reporters after one meeting. "You get more opinions from more people when you have smaller meetings."

"We're not looking to do a whole lot more," said McCaffery. "I'm not going to try to shove down people's throats that which they don't believe in."

McCaffery said he intends to have larger meetings later this fall, which will be open to the public.

McCaffery's other projects

Neighbors can only hope that, whatever is decided, the CMH project moves ahead faster than some of McCaffrey's other high profile projects.

In 2004, his firm announced redevelopment of the long-dormant South Works steel mill on the city's far south lakefront. McCaffery envisions construction of more than 13,000 homes and 17.5 million square feet of commercial space on portions of the 589 acre USX Corp. site.

The location also has been talked-up as a possible future location for President Barack Obama's presidential library. "It's so damn natural that the Obama library ought to come down here," said McCaffery. "Boy would that turn the trick."

McCaffery beat out other top real estate firms for the Children's project including Magellan Development Group, John Buck Co., and Golub & Co.

What about the students?

Children's is also utilizing the services of the architectural firm Antunovich Associates, which recently designed the new DePaul Art Museum.

McCaffery hopes the mixed-use development will become the center of the Lincoln Park community making students, families and the like comfortable; and so does CMH.

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