After the Postal Service moved to a new building on Harrison Street, the 14-story, 77-year-old building has been vacant since 1995. Now it is to be auctioned.
"The U.S. Postal Service postal service announced Tuesday that, after more than a decade of trying to sell the 3-million-square-foot former Chicago facility through conventional channels, it has decided to auction it to the highest bidder.
While the suggested opening bid for the facility that spans the Eisenhower Expressway is $300,000, there is no minimum bid, and the facility could sell for less said postal service spokesman Mark Reynolds.
Two years ago, the city gave initial approval to a $300 million plan, including $62 million in local and federal incentives, from investment firm Walton Street Capital to develop the complex into condos, offices and a hotel. However, the Postal Service was unable to finalize a deal with Walton Street, Reynolds said."
FULL STORY: Old Chicago post office to be auctioned
The Subversive Car-Free Guide to Trump's Great American Road Trip
Car-free ways to access Chicagoland’s best tourist attractions.
Amtrak’s Borealis Exceeds First Year Ridership Expectations
205,800 passengers have boarded the St. Paul to Chicago line, well above initial MDOT projections.
Chicago Judge Orders Thousands of Accessible Ped Signals
Only 3% of the city's crossing signals are currently accessible to blind pedestrians.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
King County Supportive Housing Program Offers Hope for Unhoused Residents
The county is taking a ‘Housing First’ approach that prioritizes getting people into housing, then offering wraparound supportive services.
Researchers Use AI to Get Clearer Picture of US Housing
Analysts are using artificial intelligence to supercharge their research by allowing them to comb through data faster. Though these AI tools can be error prone, they save time and housing researchers are optimistic about the future.
Making Shared Micromobility More Inclusive
Cities and shared mobility system operators can do more to include people with disabilities in planning and operations, per a new report.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
planning NEXT
Appalachian Highlands Housing Partners
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie