Saturday, July 5, 2008 Last Update: 2:39 p.m.
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News submitted by Bruce Japsen (Chicago Tribune)

Children's Hospital buys more land in Streeterville

Preparing for growth beyond its proposed new hospital in Chicago’s Streeterville neighborhood, Children’s Memorial Hospital said it paid $18 million Tuesday for a 99-year lease on a building from the Archdiocese of Chicago at 155 E. Superior St.

The six-story building is less than one block from the future site of the Ann & Robert H. Lurie Children’s Hospital of Chicago. That facility, which is scheduled open in 2012 and cost $1 billion, will replace Children’s Memorial’s Lincon Park hospital.

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