[BVictor1]

https://chicago.suntimes.com/chicago...munity-anchor/

SNEED EXCLUSIVE: Developer plans to make old county hospital a community anchor

CHICAGO 01/11/2018, 07:42pm

Michael Sneed

• Translation: The restoration and redevelopment of Old Cook County Hospital has just taken a major step forward.

Sneed has learned a long-term, 99-year lease has finally been turned over to a private development team in anticipation of moving the major project into its first phase.

The private developer, Civic Health Development Group (CHDG), is led by Chicago-based developer John T. Murphy and includes Walsh Investors, Murphy Development Group, MB Real Estate, Plenary Group and Granite Companies.

OPINION

• The stats: CHDG plans to invest about $130 million of private dollars to transform the historic Old Cook County Hospital building into a community anchor for the hospital complex and surrounding community. The first tenants of the rehabilitated hospital building are expected sometime in 2019.