Renderings have been revealed for a proposed mixed-use development at 630 S Wabash Avenue in the South Loop. Fronting S Wabash Avenue, the infill site is bound by two adjacent structures to the north and south, with CTA L tracks to the west. The property is currently an empty lot. Melrose Ascension Capital (MAC) is the developer behind the proposal.
Designed by Antunovich Associates, the new construction would consist of an 18-story mixed-use tower. Holding 151 units and 332 bedrooms, the co-living and student housing tower would meet the street with 3,160 square feet of retail space. 80 parking spaces would be provided for residents.
The design of the tower consists of a two-story podium, topped by a slender tower element that rises up from the base aligned with the street frontage. The facade uses a two-toned brick paneling that is interrupted by vertical bands of windows framed with black mullions. The volume steps back from the front property line at the rooftop terrace.
The tower would top off with three stories of rooftop amenities encompassing approximately 20,000 square feet of indoor and outdoor terrace space. The outdoor deck will include an infinity pool and hot tub that overlook the downtown skyline and Lake Michigan. Further amenities will include a half-court basketball court, 2,000 square feet of coworking space, a fitness center measuring 2,50 square feet, and a lounge space totaling 3,000 square feet.
The $68 million development is a by-right proposal, meaning that there is no city review or approvals required for the tower to move ahead. An official timeline for the construction has not been announced and the general contractor has yet to be determined.