Join us for a virtual roundtable conversation exploring ideas for a renewed LaSalle Street corridor, which currently finds itself at a crossroads. How does an austere financial district transform into a vibrant 24-hour neighborhood, and who will call this neighborhood home?
In many ways, the fate of the LaSalle Street corridor and the broader downtown are intertwined. If the most viable future for downtown is flexible adaptation to a mix of uses, there is no better place to test this hypothesis than along this iconic office corridor. Recognizing this, the City of Chicago recently launched a planning initiative for a reimagined LaSalle Street, freeing up all-important tax increment financing (TIF) and inviting development proposals.
However, there are questions about the challenges LaSalle Street must overcome: namely, what is the prescription for its aging building stock? Will tax incentives be sufficient to spark investment in complex residential conversions and protection of the corridor’s landmark architecture? And how central is a redesign and greening of the public realm to LaSalle’s long-term success or failure? Our roundtable of leading local experts in planning, design and real estate sets out to find answers.