Structured Development Acquires Office Building in Chicago, Plans 200,000-Square-Foot Mixed-Use Development

The purchase is part of a plan to develop The Shops at Big Deahl, a 200,000-square-foot mixed-use property. The purchase is part of a plan to develop The Shops at Big Deahl, a 200,000-square-foot mixed-use property.

Chicago — Structured Development has acquired a 40,000-square-foot loft office building in Chicago’s Lincoln Park for an undisclosed price.

The property is located at 855 W. Blackhawk St., adjacent to another property that Structured Development purchased in 2015. Together, the sites will be redeveloped as The Shops at Big Deahl, a 200,000-square-foot mixed-use property. Demolition of the building located at 1450 N. Dayton St. is underway, with construction of The Shops slated to begin in early 2018. Callison RTKL is the project architect.

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