Renderings have been revealed for an updated 29-story mixed-use tower at 1130 N State Street in the Near North Side. The project site is located on a corner lot at the intersection of N State Street and W Elm Street. The Clark/Division CTA L station, serviced by the Red Line, can be accessed within a four-minute walk. The 36 CTA bus route can be accessed on the corner of the site at the State and Elm stop. Newcastle Limited is in charge of the development.
Designed by Solomon Cordwell Buenz, the new proposal will produce a 29-story structure rising 336 feet. The project will feature 299 rental units, ground-floor retail, and 98 parking spots. The residences will be a mix of one- and two-bedroom apartments. The 98 parking spaces will be located in a fully enclosed garage for residents and there will be off-street drop-off and pick-up at the residential entrance for ride-share and taxi use.
This proposal comes after an initial plan from the developer was scrapped over a year ago. This new project eliminated the up-zoning request, reduced the tower’s density, eliminated 14 stories and reduced the height from 465 feet to 336 feet. The updated offer eliminates the second-floor retail component, includes a plan for the adjacent Lou Malnati’s building, adds a sidewalk café area, adds a drop-off lane on W Elm Street, adds larger trees on W Elm Street, and widens the N State Street sidewalk.
The proposal is currently pending approval. Demolition would take place within a year of the green light. Construction of the new building will take about 24 months and occur in two phases. The first phase will take about 10 months. After that, the building will be enclosed, and work will take place inside.