The $20 billion project from Wisconsin-based Landmark Development would encourage as much as a dozen mixed-use skyscrapers, a pedestrian bridge over Lake Shore Drive, and a transit hub serving Metra, CTA, and Amtrak trains along with a brand new”Chi-Line” transitway running across the sunken busway involving Millennium Park and McCormick Place.
Here’s the story so far.
As one of the single largest and most ambitious development suggestions in Chicago’s history, One Central would change the southern edge of downtown across from Soldier Field and the Museum Campus by constructing within an present 34-acre railyard.
Get the lowdown on Landmark Development’s massive Near South Side project
If financing could be procured and officials sign off on the plan, Landmark wants to begin work on the transit facility as soon as 2020 and anticipates a three-year construction. The full One Central development is expected to take over a decade to complete.