Chicago’s epicenter redefined: A proposed revival of State Street

The Chicago Loop Alliance is partnering with the Urban Land Institute Chicago and the city’s Department of Planning and Development to develop revival strategies for the parts of State Street that have been affected by the COVID-19 pandemic.

The new recommendations were presented Wednesday, August 16, at Harold Washington Library Center, highlighting art, retail, and education institutions along the historic stretch.

According to Crain’s Chicago Business, many retailers left due to the pandemic, pushing the vacancy rate to 28%, a significant increase from the previous pre-pandemic rate of 15.3%. The new plans strive to combat this and make State Street lively again.

The idea proposed by the panel includes new street designs that make the strip more pedestrian friendly and convenient for public events. The goal is to create an inviting and culturally rich space to shift away from a reliance on large retailers. The Chicago Sun Times said this proposal involves dividing the street into three distinct districts.

Northern third: Arts district

The northern part of State Street would be centered around Chicago’s art scene. The area would be redesigned as a hub for events. The panel suggests removing curbs to make it easier for the city to host festivals and events, like New York City’s Herald Square.

Center third: Retail district

Between Washington and Monroe, the center section would be solely designated for retail. The goal is to replace the planters along the stretch and add more seating for visitors on the sidewalks to encourage lingering and time spent on State Street. The city would work with retailers to construct “themed” retail areas, such as food or fashion.

Southern third: Civic and educational district  

The southern third of State Street has widespread inoccupancy. To capitalize on the area’s population of students in this area from DePaul University, Roosevelt University, and other institutions, the panel suggested additional funding to support collegiate life. They would also situate Harold Washington Library as a dedicated community center.

With this proposal comes questions regarding the costs of these changes. The funding for this project could come from a mix of public and private partnerships. The panel has suggested utilizing LaSalle Central tax-increment financing district for funds.

They have also suggested using a business improvement district (BID). This district idea would raise special taxes on property owners to fund the street’s improvements and require passing a bill proposed in Springfield.

The Mayor’s office has not yet commented on these recommendations.