A groundbreaking has been held for the residential conversion of the existing high-rise at 500 North Michigan Avenue within the Magnificent Mile area. Sitting at the intersection with the lower portion of East Illinois Street, plans for the tower’s pivot have been in the works for nearly two years and received approval from the city in late 2024.
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If you listen closely, you can still smell the faint remnants of cinnamon gravy, but aromas and memories are just about the only things left of the Ann Sather building at 909 West Belmont Avenue in Lake View. When we visited the site on Saturday, little remained of the structure, which was permitted for demolition on July 10, but the front wall and sides as Brophy Excavation continues to raze the property from the rear forward.
Construction progress has reached the sixth floor at 566 West Van Buren in the city’s West Loop neighborhood. That’s where Clark Construction and Adjustable Concrete Construction are erecting a 12-story, 199-unit apartment building for Riverside Investment & Development. The three concrete cores for stairways and elevators have risen about eight stories high.
Six residential units have been permitted for a pair of lots in the 2900 block of North Elston Avenue in Avondale. After languishing in the Chicago Data Portal for 609 days, a permit for 2939 North Elston came through on July 2 with a reported cost of $2.6 million. Peegan Development Inc of Oaklawn is the developer and general contractor for the project.
A trio of demolition permits issued on July 30 allow the razing of the Torstenson Glass buildings in the 3200 block of North Sheffield Avenue in Lake View, clearing the site for residential redevelopment. 3233, 3241, and 3247 all came through together with Apex Construction Group assigned as the demo contractor. The permits each cite a reported cost of $245,000; it is presumed that is for the entire demolition project, not for each building.
