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Mayor Emanuel, Emerald Living, and U.S. Steel Announce Purchase Agreement on South Works Propert

Southworks Project
20K homes planned for vacant US Steel land on South Side (Source: ABC News)

Agreement Begins 5-Month Due Diligence Period for the Site

CHICAGO –(ENEWSPF)–August 1, 2017.  Mayor Rahm Emanuel and Emerald Living, a green-tech development company, announced the Purchase and Sale Agreement (PSA) with U.S. Steel to acquire the South Works property, which they will call “New SouthWorks.” The signing of the PSA follows Emerald Living’s successful bid for the property.

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“This agreement is…

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