The Commission on Chicago Landmarks has granted approval for demolition of the existing structure at 1020 W Randolph Street in the West Loop. Located within Fulton-Randolph Market District, and the northeast corner of W Randolph Street and N Carpenter Street, the demolition of an existing one-story bank with drive-through will make way for the construction of a new five-story building with mechanical enclosure, penthouse, and rooftop deck. The development is being led by L3 Capital.
The existing bank building was deemed non-contributing to the historic district and its demolition won’t have an adverse effect on the district.
Designed by Hartshorne Plunkard Architecture, the new development at 1020 W Randolph will be a five-story mixed-use building that rises 69 feet and holds retail and office space. The design features zero lot lines to reinforce and reinstate the historic street wall that was broken by this bank building and drive through. The project will feature alternating widths of vertical masonry piers that organize the façade. The wider piers extend to the ground and terminate at granite bases, defining the storefront bays on the ground floor. Storefronts will include vertical aluminum mullions and substantial horizontal mullions that divide the upper storefront into transom windows.
A cast stone band runs above the first floor that visually divides it from floors above. Upper floors are divided by patterned brick spandrels, where the design uses varying patterns and orientations of brick to acknowledge the level of detail and variety found in historic buildings within the district. Aluminum mullioned windows used on the upper floors are contemporary but similar to double-hung windows in the district. Metal channels will act as lintels and sills on all windows of the building.
The Morgan CTA L station, serviced by the Green and Pink Lines, is within a three-minute walk from the site. The nearest bus route is the 20 CTA route, accessed at the Madison and Aberdeen stop, which can be reached within a five-minute walk from the site.
With commission’s approval, the filed demolition permit should be approved soon. Construction of the new building is expected to commence once demolition has been completed. An official timeline for the construction has not been announced.