Big Things Are Coming to Chicago’s South Loop
Chicago’s South Loop is about to see some major changes, and the buzz is well deserved. From the creation of the city’s 78th neighborhood to a brand-new stadium for Chicago Fire FC, this stretch of the city is transforming into one of the most exciting areas to watch over the next few years.
Meet The 78
For decades, the 62 acres along the river between Roosevelt Road and 16th Street sat unused. That’s about to change in a big way. The 78 is a massive development designed to become Chicago’s newest neighborhood, a place to live, work, and play, with all the energy and diversity the city is known for.
Here’s what’s planned:
A half-mile of riverfront access with parks, paths, and green spaces.
Shops, restaurants, offices, and homes, blending modern conveniences with a true neighborhood feel.
A new CTA Red Line station at 15th Street, making it easy to get in and out.
It’s not just about buildings, it’s about creating a vibrant new hub that connects nearby communities.
A New Soccer Stadium for Chicago Fire FC
Adding to the excitement, Chicago Fire FC has announced plans for a 22,000-seat, privately funded stadium right at the north end of The 78.
The $650 million project will do more than bring fans together for Major League Soccer games. The design includes a sweeping “victory plaza” that will welcome people from Roosevelt Road down to the river, and the stadium itself will host concerts, festivals, community events, and more throughout the year.
It’s being built to honor Chicago’s character with a mix of brick, steel, and glass all while offering fans and visitors a modern, one-of-a-kind experience.
Why It Matters
This will bring South Loop and the surrounding areas -
A new destination for residents and visitors alike.
Year-round activity, with events and businesses bringing steady energy to the area.
Easy access by train, bus, car, or even water taxi.
Positive momentum for the city, with private investment driving growth.
Looking Ahead
Between the creation of The 78 and the excitement of a new soccer stadium, Chicago’s South Loop is evolving into something special, a place that blends community, culture, and connection. It’s an incredible transformation in the making, and it’s one worth keeping an eye on. From the real estate perspective, it would be smart to move on a property now and have a strong return on investment once the new improvements are in place. Busby Group is a top Chicago real estate team and we have access to on and off-market options in the area. Please reach out for more information.