The Chicago City Council has given the final 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 current site conditions consist of an existing one-story bank with drive-through that is the subject of this demolition approval. L3 Capital is the developer behind the project.
The existing building, built in 2003, was approved for demolition by the Commission on Chicago Landmarks in December 2020. The structure 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 construction 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 facade. The wider peers extend to the ground and terminate at granite bases. These peers define 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 that acknowledge the level of detail and variety found in historic buildings within the district. These brick patterns inset and project as part of the design. 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 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 via a five-minute walk from the site.
With landmarks and city council approval, the demolition permit should be approved soon. Construction of the new building is expected to commence once demolition has been completed. The development is expected to be completed in 2022.