The Chicago City Council has approved the sale of 12 city-owned vacant parcels in the Near West Side community area to RE Holdings Group, LLC for $2,482,620. The sale was managed through the city's ChiBlockBuilder platform. The properties, totaling 41,377 square feet, are located near the United Center and will be incorporated into a larger, 55-acre mixed-use development by the buyer. This long-term project, planned for development between 2028 and 2040, will feature housing, retail, entertainment, and public open space. The land sale triggers Chicago's Affordable Requirements Ordinance, mandating affordable housing components in the future residential project. The Department of Planning and Development selected RE Holdings Group's proposal based on its feasibility, the team's experience, and alignment with community plans.