• Thu. Jun 13th, 2024

From Sewers to $8 Billion Groundbreaking


Apr 4, 2023
Scott Goodman is a founding partner at Farpoint Development, the firm that is leading the $8 billion Bronzeville Lakefront megadevelopment in Chicago. (Farpoint Development)


A groundbreaking ceremony last week for the $8 billion Bronzeville Lakefront residential and commercial redevelopment was an psychological homecoming of types for the Chicago megaproject’s lead developer, Scott Goodman.

Goodman, the founding spouse of Farpoint Advancement, fought back again tears when speaking at the occasion, which also was attended by metropolis officials including Mayor Lori Lightfoot.

“I truly get a little emotional for a few causes,” Goodman, 65, reported as he stood inside a five-developing household elaborate on the Near South Aspect. “We are in Prairie Shores, which was my dad’s plumbing company’s largest account. I used my childhood rodding sewers in this creating and creating guaranteed that the pipes operate, and right here we are 40 several years afterwards in this historic community of Bronzeville continuing a story of an awesome region, an incredible neighborhood, an incredible continuum.”

Goodman also has a own connection to the growth web site across the avenue from Prairie Shores. His mother was born in Michael Reese Clinic, which shut down in 2008 and was demolished about a yr afterwards. That site tends to make up about 50 % of the 100 acres where by a Farpoint-led workforce of developers ideas a blend of everyday living science, residential, retail and info storage room south of the McCormick Area conference centre.

Goodman commenced performing for his dad’s plumbing small business when he was 16 and ongoing right until his father died in 1996, nine a long time soon after Goodman co-founded what now is one particular of the best-regarded progress firms in Chicago: Sterling Bay. Sterling Bay co-founder Craig Golden and Goodman labored out of Goodman Plumbing’s office environment prior to the developer gained a substantially better profile.

Goodman, who grew up just north of the town in Evanston, Illinois, remaining Sterling Bay in 2016 to start Farpoint. The company’s other founding husband or wife is previous Sterling Bay government Regina Stilp.

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