
At the northwest corner of 115th and Halsted streets sits a stretch of urban pavement that bears mute witness to Chicago’s economic divide.
The 12-acre parcel fronts on two busy streets. A Jewel grocery closed there years ago, and nobody has moved in since. Put a parcel of this size in Fulton Market or Logan Square, and developers would race to line up a deal. On the South Side, though, things can be excruciatingly slow — if they happen at all.