Cautiously optimistic it will positively impact the community and continue to grow the bike community and infrastructure. 

U.S. Steel has reached a deal to sell the 440-acre South Works site along the city's south lakefront, Mayor Rahm Emanuel announced.

Emerald Living will buy the land with views of the Chicago skyline from U.S. Steel and build a mixed-use development that will include up to 20,000 housing units, Emanuel said.

The partnership, which brings together the WELink Group of Hong Kong and Barcelona Housing Systems of Barcelona to build environmentally friendly modular housing, now starts a five-month review of the site and terms of the deal before final closing.

“This agreement is a major milestone towards converting an unused stretch of land that represents Chicago’s industrial past into a vibrant community that will contribute to Chicago’s economic, cultural and recreational future,” Emanuel said in his announcement. “I look forward to seeing the community’s dynamic vision for this site become a reality."

https://www.dnainfo.com/chicago/20170801/bush/us-steel-finds-buyer-...