Chicago/ Real Estate & Development
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Published on October 26, 2023
Chicago Mayor Appoints Real Estate Executive Ciere Boatright as New Head of Planning and DevelopmentSource: CRG / Ciere Boatright

Chicago Mayor Brandon Johnson has appointed real estate executive Ciere Boatright as the new head of the city's Department of Planning and Development. This was officially announced yesterday, as per the Chicago Sun-Times. Boatright's expertise in community development and revitalization underscore the city's focus on fair economic growth and neighborhood investment.

Being from Chicago, Boatright has intimate knowledge of the city's landscape. In her new role, she will be managing vital initiatives like the Invest South/West and the finance district's renovation, according to WTTW News. Known for her work in community development, commercial real estate, affordable housing, and more, she brings to the position extensive skills and experience.

Boatright was previously the Vice President of Real Estate and Community Development for CRG, an investment entity of Clayco, a construction firm based in Chicago. In this role, she oversaw noteworthy real estate projects and was active in philanthropy, as mentioned in Chicago Sun-Times. She also initiated a program to support commercial developers of color, underlining her commitment to diverse growth.

In a past role with Chicago Neighborhood Initiatives (CNI), she led the redevelopment of Pullman, a historic district on Chicago's South Side. In relation to that, she was involved with significant projects like the Pullman Park development and the initiative to bring a Mariano's grocery store to Bronzeville.

Following former Planning Commissioner Maurice Cox's exit earlier in September, Boatright is set to take over the position, pending City Council approval. If she gets confirmed, she will start on November 20, earning an annual salary of $196,964. Patrick Murphey, who served as the interim lead for the department, will resume as the First Deputy Commissioner, details WTTW News.

Boatright's nomination, while positively received, comes with challenges ahead. One major issue regards the Central Loop TIF fund and a project on La Salle Street. A new budget plan to reallocate TIF surpluses could potentially disrupt the project initially pushed by Cox and Lightfoot. Mayoral adviser Jason Lee affirmed the continuous growth of the TIF fund, emphasizing its capability to support projects and yield surpluses.

Added to this is Johnson's determination to materialize more transactions under the Invest South/West plan introduced by Lightfoot. This move is seen to starkly reflect the endeavor toward fostering social and economic growth across the city, according to Chicago Sun-Times.

Having Boatright, an expert in managing both private and public developments, the planning department looks forward to achieving more equitable growth in Chicago. Her appointment signifies a progressive stance toward overcoming foreseeable challenges in the cityscape.

Chicago-Real Estate & Development