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  • Urbanize Chicago Daily | July 20, 2026

Urbanize Chicago Daily | July 20, 2026

Stay up to date on Chicago real estate news.

 

$425 million in TIF approved for infrastructure at The 78

Construction is underway on McDonald’s Park

$425 million in TIF approved for infrastructure at The 78

The Chicago City Council has approved a public infrastructure agreement for approximately $425 million in TIF for The 78 megadevelopment in the South Loop. Located just south of W. Roosevelt Rd along the South Branch of the Chicago River, the 62-acre site is anchored by the Chicago Fire’s new stadium McDonald’s Park at 1331 S. Wells. 

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