Many office buildings in the LaSalle Street Financial District emptied out during the pandemic. Now, some landlords are considering converting them to residential units.
Now, some landlords are considering converting them to residential units.is offering taxpayer dollars to developers willing to make 30 percent of their units affordable for people of low and moderate income.
"Through the LaSalle Street Reimagined Initiative, we will provide support for building owners to convert vacant office floors to residential uses. We will provide grants to locally owned dining and cultural businesses to reactivate vacant storefronts. We will improve our public realm to make this a world-class street again," said Ald. Brendan Reilly .
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