• facebook
  • twitter
  • sign up today!

Illinois Medical District Commission

Lead developer of IMD Gateway Center in the medical district withdraws bid

Three days after the lead developer for the Illinois Medical District Commission’s sprawling IMD Gateway Center presented its plans for the project to the medical district’s board, the IMDC on Friday announced it had accepted the developer’s withdrawal of its bid for the contract.

Illinois Medical District Commission to solicit bids for ‘land-use’ plan

Seven months after unveiling its first-ever “strategic plan,” the Illinois Medical District Commission has called for a redo of its “master plan” for land use.

Study: Medical district generates $3.4 billion in regional economic activity

The Illinois Medical District in 2011 generated $3.4 billion for the local economy and $75 million in tax revenue for state and local government bodies, according to a new study conducted by the University of Illinois at Chicago’s Center for Urban Economic Development.

Quinn makes appointments to Lincoln library board, other state bodies

Gov. Pat Quinn on Friday appointed two new members to the Abraham Lincoln Presidential Library Advisory Board.

CCHHS Board members want to know more about role of Illinois Medical District

The Cook County Health and Hospitals System Board on Friday deferred the vote on a resolution recognizing an intergovernmental agreement between the Cook County government and the Illinois Medical District Commission, citing a lack of clarity about what IMDC can do to help CCHHS.

Board member Wayne Learner requested a “simple, short briefing paper on the role of the Medical District.” He said he was looking for information such as, “Why is this important? Why couldn’t we operate the way that we have been operating?”

Medical district sees long-term promise in Ogden development

The Illinois Medical District Commission this week selected Higgins Development Partners to build a $162 million mixed-use project at 2020 W. Odgen Ave. The development will include a 200-room hotel and a 200-unit residential high-rise, among other features. Speaking at the City Club of Chicago on Thursday, IMDC Executive Director Warren Ribley claimed, “This project will be a game changer for the district.”

Health care, biosciences hub planned for West Side

Medical District Commission approves 2014 budget

The Illinois Medical District Commission on Tuesday approved the district’s budget for the 2014 fiscal year.

IMDC Chief Financial Officer Kim Michael Lee gave the financial report summarizing next year’s proposed budget, which she said is projected to increase by 8 percent as a result of ongoing growth and development in the district. Lee noted that several of the new projects that are scheduled for completion in 2014 should lead to additional revenue for the 2015 fiscal year. Operation costs over the last year have been within normal fluctuations, the CFO added.

Chicago alternative energy company breaks ground on North American headquarters expansion in Illinois Medical District

Four West Side hospitals back Illinois Medical District expansion plan