[4] Being planned by the city government, it encompasses the former rail yards and air space rights east of Michigan Avenue between Roosevelt Road and 18th Street.

Formerly, Central Station was an intercity passenger terminal in downtown Chicago, located at the southern end of Grant Park at Roosevelt Road and Michigan Avenue, which is the northwest corner of the new neighborhood.

[5] More recently, this lakefront neighborhood has experienced rapid construction of more luxury townhomes, high-rise condominiums, apartments and retail stores.

It is a complex of multiple residential towers within the Central Station development at the southern edge of Grant Park, across Lake Shore Drive from Chicago's Museum Campus.

In 2006, the Prairie District Neighborhood Alliance, a non-profit organization was formed to provide representation for thousands of South Loop residents, which includes Central Station and Museum Park.