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  • Urbanize Chicago Daily | January 16, 2026

Urbanize Chicago Daily | January 16, 2026

Stay up to date on Chicago real estate news.

 

Plan Commission approves $3 billion Foundry Park development

The project plans over 3,700 units, a hotel, office space, retail, and open space

Plan Commission approves $3 billion Foundry Park development

The Chicago Plan Commission has approved the $3 billion Foundry Park development. Planned by Chicago-based developer JDL Development and Kayne Anderson Real Estate, the 28-acre project will take over the site which was formerly planned as the northern portion of Lincoln Yards, a stalled megadevelopment planned by Sterling Bay. 

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