Dan McCaffery

Developer Dan McCaffery’s significant Chicago project portfolio includes Lincoln Common, a 6-acre redevelopment of the former Children’s Memorial Hospital site that added residential towers, retail, senior housing and open space to Lincoln Park.

He also redeveloped the Roosevelt Collection in the South Loop, reshaping the struggling center into a mixed-use complex with retail, residential lofts and reconfigured public space.

McCaffery founded McCaffery Interests in 1990 after senior roles at Oxford Properties and BCE, where he oversaw Midwest and Mountain region operations. He built his firm around large-scale urban redevelopment, leaning into adaptive reuse and mixed-use projects that require long entitlement timelines and close coordination with public agencies.

In Fulton Market, McCaffery delivered Twelve01West, a 170,000-square-foot office building that opened just ahead of a sharp office market pullback, underscoring the timing risk embedded in late-cycle construction. Across his career, McCaffery has overseen roughly $2 billion to $3 billion in urban mixed-use development.

While his projects are often praised for design and placemaking, they are capital-intensive and slow to monetize, leaving the firm exposed when financing tightens. McCaffery remains closely involved in strategy and execution as the market tests long-duration redevelopment models.