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News tagged ”Riverside”

British tycoon remains bullish on Chicago development

Auchi: Riverside Park project to create 10,000 new construction, retail and commercial jobs; it is a win-win for Chicago.

CHICAGO – One of Britain’s most successful businessmen says he remains bullish on investing in the American economy and wants to complete a proposed $2-billion real estate development near downtown Chicago.

Nadhmi Auchi, ranked by Forbes as one of the world’s wealthiest men with a reported net worth of $3.1 billion, looks forward to developing a 62-acre parcel just west of Chicago’s “Loop” near downtown as part of a signature project, Riverside Park, that would include residential, retail, and commercial space.

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