The newly approved 35-story residential tower at 40 W Oak Street takes the 16th spot in YIMBY’s Chicago’s tallest development countdown. The 466-foot-tall tower will rise at the northwest corner of the intersection of N Dearborn Street and W Oak Street in Rush & Division. The project site includes the existing Warren-Barr pavilion. The rehabilitative care center will remain on its site, with 50 parking spaces in the tower set aside specifically for visitors of the facility. Developer Nahla Capital is in charge of the project.
Designed by Lucien LaGrange, the tower will replace an existing parking structure. The ground-floor plan shows the main residential entrance will be along W Oak Street, with a porte cochere located along N Dearborn Street. There will be secondary access to the lobby from the porte cochere. Vehicle access will be restricted through the alley, with an existing curb cut along N Dearborn Street removed. There will be an enhanced access and curb cut to Warren-Barr along W Oak Street.
The structure will have parking located in the base of the tower, with 110 spaces for residents and 50 dedicated to the Warren-Barr facility. The residential amenity floor is located above the parking levels, acting as the buffer between parking and residential floors. The typical residential floors are approximately 8,000 square feet, with stepped corners to make the massing of the tower appear slender. There will be three residential units per floor. The massing of the tower steps back at the corners up to the top, with a small mechanical penthouse enclosure on the roof.
The setbacks are located on the intermediate floors to keep a strong vertical expression and adjust the massing to the surrounding context. All of the elevations will have the same façade treatment.
The façade at the base of the tower is clad in limestone and granite, with ornamental metal detailing surrounding the storefront windows. These materials work to enhance the pedestrian experience at the sidewalk level. Typical residential floor facades will be faced with precast concrete panels in a pattern to simulate stone. Inset windows add shadow and depth to the façade, with balconies that have ornamental metal and glass railings. The top-floor mechanical enclosure is clad in a metal panel system with a bronze color finish and vertical fin detailing.
Pedestrian access will be provided from N Dearborn Street and W Oak Street via the adjacent sidewalks. Vehicular access is restricted to the alley for the porte cochere and parking garage, while a fully enclosed bike parking is also provided.
The development will meet the sustainability requirements via multiple methods. These include exceeding the energy code requirements, exceeding stormwater management requirements, planting trees, reducing indoor water use, being in proximity to transit service, providing bike parking, providing EV charging stations, performing waste diversion during construction, and implementing bird protection in the design.
The Clark/Division CTA L station, serviced by the Red Line, is within a six-minute walk from the site. The 22 and 70 CTA bus routes, accessed at the Clark & Oak stop, can be reached within a two-minute walk. Route 36 is accessible at the State and Oak stop, also a two-minute walk away.
The scope of the project has undergone changes. The number of units was reduced from 90 to 75, and the height has been reduced from 503 feet to 466 feet. The site will be rezoned from C2-5 to DX-10. The developers will pay $1.1 million into the Neighborhood Opportunity Fund to receive a 3.8 FAR bonus to reach a 11.34 total FAR. To satisfy the affordable housing requirements, the developers will also pay $1,906,720 into the Affordable Housing Opportunity Fund.
The proposal recently received approval from the Chicago Plan Commission, and additionally received approval on the zoning change for the site. The total project cost is approximately $165 million, with construction expected to commence sometime in 2021.