This area has experienced some of the greatest growth and development in the past few years – and with recent announcements about the acquisition and development of vacant land on the east side of the Chicago River both north and south of Roosevelt Road, that growth is far from over.
Retail development, which includes Southgate Market, Roosevelt Collection, and a variety of “big box” outlets around Roosevelt Road between Canal Street and the Expressway, have led some to dub a portion of the area “Clybourn South” because it offers shopping comparable to what one can find on North and Clybourn Avenues on the North Side. But there’s been plenty of other commercial development, along with lots of residential development and the highly-anticipated South Loop campus of the British International School of Chicago.
Although the official area designated by the 1997 River South Tax Increment Financing (TIF) District is relatively narrow, we believe River South is a great name for the growing community that is bordered by Congress Parkway on the north, the Dan Ryan Expressway (I-90/94) on the west, 16th Street on the south, and Clark Street on the east. Time will tell if others agree.
It may not yet be clear what to call this area, but there’s no doubt about its importance as a thriving part of the South Loop community.