Sterling Bay’s $5B complex to create 2,500 construction jobs

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Credit: Sterling Bay

Sterling Bay is looking to build a massive mixed-use complex along the North Branch of the Chicago River.

Hosting a public meeting, Sterling Bay officials said that the $5-billion Lincoln Yards on the 53-acre land would feature 12 million sq. ft. of buildings, including 5,000 new residences, 500 hotel rooms, a 20,000-seat soccer stadium, a possible 800-foot-tall high-rise and more than 13 acres of open space.

The project would create 2,500 construction positions during each of the first 10 years of building, according to the developer.

Sterling Bay is seeking zoning approval to build towers as tall as 700 to 800 feet, the Chicago Tribune reports. That would equate to somewhere in the range of 70 stories, a height typically seen in and immediately around the Loop. Lincoln Yards was one of five Chicago sites visited by Amazon this month March, as the e-commerce giant explores potential cities for its planned HQ2, according to the Tribune.

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