This past January, the City Council passed of a key ordinance that would permit a 43-story tower at 906 W Randolph Street in West Loop. Presented documents from the City Council hearing show a height of 495 feet, ranking the building at number 15 in Chicago YIMBY’s countdown of tallest new developments.
The permitted ordinance is two-part, the first of which involves converting a swath of properties, including the tower site, from a C1-1 zoning designation to DX-5. Under the same ordinance, the DX-5 designation has been converted to a Residential-Business Planned Development, in accordance with plans presented by developers Tucker Development and Related Midwest. In December 2019 The Real Deal reported these plans would include a mix of ground-level retail along N Peoria Street and 300 total apartment units. Among the residences, 60 will be affordable under the Affordable Requirements Ordinance, which is double the minimum requirement. The developers will also contribute nearly $4.9 million to the city’s Neighborhood Opportunity Fund.
Morris Adjmi Architects is the design architect, whose tower and podium facades includes an arched motif within an aluminum and glass window assembly. Stantec, meanwhile, is serving as architect of record.
Given the project’s central location amongst a variety of transit options, only 75 on-site parking spaces will be included. Bus transit comprises of nearby stops for Route 8, less than a three-minute walk east to Halsted & Randolph. Route 20 includes stops at Madison & Peoria, a five-minute walk south. Residents will also find nearby Green and Pink Line service for the CTA L, located a three-minute walk northwest to Morgan station.
Points of interest within the neighborhood include a four-minute walk north to the booming Fulton Market commercial corridor, as well a seven-minute walk south to Mary Bartelme Park.
As of December 2020, no construction permits have been filed or issued, and the anticipated general contractor is not yet known. Additionally, a completion timeline for the project has yet to be announced.