Wards Project
The REDICO Development Company is planning a $70 million major redevelopment of the former Montgomery Ward site, located at the corner of Michigan Avenue and Schaefer. When completed, the project will preserve jobs and create new retail and residential housing options in east Dearborn.
The proposal calls for a 130,000 square foot medical clinic with comprehensive services and state-of-the-art facilities to be operated by Oakwood Health Systems in conjunction with Midwest Health Services. Also, on the first floor of the facility will be about 20,000 square feet of retail space with tenants such as a coffee shop, restaurant, bookstore, pharmacy, and optical store.
REDICO has also formed a partnership with American House to bring 100-120 units of independent senior housing to the site. Lastly, the REDICO development will also have a 500-space parking deck.
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Also read this article from the Press & GuideWards Plans Moving Forward.