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Chicago residential developer has deal to buy northern half of stalled Lincoln Yards

JDL is under contract to buy 27 acres handed back to Bank OZK by Sterling Bay
Bank OZK has a deal to sell the northern portion of Lincoln Yards, which includes the former A. Finkl & Sons steel plant site in Chicago, to JDL Development. (Laurel Furton/CoStar)
Bank OZK has a deal to sell the northern portion of Lincoln Yards, which includes the former A. Finkl & Sons steel plant site in Chicago, to JDL Development. (Laurel Furton/CoStar)
CoStar News
May 8, 2025 | 3:39 P.M.

A Chicago firm known for big residential developments has struck a preliminary deal to buy about half of the Lincoln Yards land on the city’s North Side, adding a new player to the stalled megadevelopment, one of the most ambitious real estate projects ever undertaken in the city.

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