53rd Street in Hyde Park Chicago will get a great
makeover.
Big changes are coming to 53rd and Lake Park
and Harper Court. A big mixed-use Real Estate
development project could start as early as 2011.
The new construction project would replace
the city parking lot which sits between McDonald’s
and the Border’s bookstore. It would also replace
the Harper Court shopping center which is at
5211 S. Harper. Most of this land is owned by the
University of Chicago. I wouldn’t be surprised to find
out that the University of Chicago owns most of the
land in Hyde Park.
The 1st phase will include 150,000 sqft of retail space
and another 150,000 sqft of office space. The next phase
may include up to 160 condos, 75 apartments, and a 200
room hotel!
This should be great for Hyde Park’s property values.
It’s probably a good time to buy in Hyde Park to capture
some of that appreciation.
If you have any questions about buying Real Estate in
Hyde Park – Chicago, IL… please let me know!
Mark Killion, REALTOR
Keller Williams Realty C.C.G.
www.773property.com
