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November 12, 2026

Builder picked for $3B Chicago redev

CHICAGO — Power Construction of Chicago has been selected as the general contractor for the first phase of the $3 billion Foundry Park redevelopment project in Chicago.

JDL Development and Kayne Anderson Real Estate are developing the major transformation of 31 acres of vacant, formerly industrial land along the North Branch of the Chicago River into a mixed-use community. A ceremonial groundbreaking was held last month.


 
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