04 Aug Addison & Clark Complex Finally Underway, Huge Theater Added To Lineup
By Ariel Cheung, dnainfo
WRIGLEYVILLE — A decade in the making, the massive, $140 million transit-oriented development across from Wrigley Field is finally underway.
Mayor Rahm Emanuel joined developers and Ald. Tom Tunney (44th) in breaking ground on Addison & Clark, a long-awaited mixed-use development formerly known as Addison Park on Clark.
Emanuel heralded the project as a “great example” of what the transit-oriented development ordinance was designed to encourage. Combined with the Chicago Cubs’ renewed investment in Wrigley Field, the city’s focus on transit-oriented developments is key to economic growth, the mayor said.
“That certainty and that growth allows us to continue to meet the obligations to our residents so we actually have the resources to enhance the quality of life throughout the city of Chicago,” Emanuel said.