Developer Related Midwest won committee approval to rezone 62 acres along the Chicago River between Chinatown and the South Loop to DX-5, Downtown Mixed Use District. The change allows as many as 10,000 apartments and condominiums to be built in what they anticipate will become Chicago’s 78th neighborhood.

The $7 billion mixed-use project (O2018-4455) is expected to create 24,000 jobs.