DLA Piper advises on redevelopment of Cook County Hospital building in Chicago

DLA Piper represented Chicago real estate firms Murphy Development, Walsh Investors and MB Real Estate and Canada-based Plenary Group in connection with the redevelopment of the Old Cook County Hospital building as the first phase of a multi-phase development.

The team, consisting of Chicago-based attorneys Robert Goldman, Gregory Dahlgren and Stacy Osmond, provided counsel on construction and development financing, including a construction loan, bridge loan and mezzanine loan, and historic tax credit equity investment, as well as leasing and development matters.

Construction is expected to begin shortly on the 345,000-square foot building located on West Harrison Street, which will be redeveloped with hotel, office and retail uses.