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Hyde Park redevelopment plan moves forward amid 20 million cost
The Chicago Land Clearance commission approved a redevelopment proposal for 47.3 acres in Hyde Park centered at 55th and Lake Park to rebuild commercial and residential areas. The plan envisions roughly 6 million for site clearance and 14 million by a redeveloper pending city state and federal approvals, with Alderman Merriam set to introduce ordinance in City Council. The two main areas run near 55th and Lake Park and around 53rd to 54th with Kimbark and Blackstone bounds.
MENTIONED IN THIS ARTICLE
Hyde Park
Chicago Land Clearance Commission
55Th and
Lake Park
Senthe East Chicago
SECC
Ald
Robert E. Merriam
5Th Ward
55Th
53Rd
54Th
Kimbark
Blackstone Avenues
Jack Meltzer