September 19, 2017
Ann & Robert H. Lurie Children’s Hospital of Chicago is moving forward with plans to sell its Lincoln Park research facility and transition its staff to the new Simpson Querrey Biomedical Research Center on the campus of Northwestern University in downtown Chicago. Cushman & Wakefield has been selected to represent the Hospital in the sale of the property.
The property disposition will include the existing 5-story, 119,415 square foot Stanley Manne Research Institute located at 2430 N. Halsted, and the adjacent Julia Porter Park. The research center was originally built in 1995 and expanded in 2003 to add more lab space. The Hospital first announced its plans to consolidate its research operations on the Northwestern Feinberg School of Medicine campus in 2014.
Patrick Magoon, President and CEO, has briefed Alderman Smith on the Hospital’s plans. He also met with members of the Hospital’s Community Relations Committee (CRC) to provide an update and introduce them to the Cushman & Wakefield team. Leaders of Lincoln Park’s community organizations participate in the CRC which has worked for more than 25 years to promote good relations between the Hospital and its neighbors.
The Hospital will maintain a continuing presence in the Lincoln Park neighborhood through the operations of its outpatient and convenient care center at the corner of Clark St. and Deming Place.