Demolition has completed, with equipment now on-site for a planned two-story retail building penned for Near North Side‘s 113 E Oak Street, just west of Magnificent Mile’s northern end. Filed under the name 113 E Oak Street LLC, the 5,050-square-foot structure will be distributed evenly between both floors.
113 E Oak Street. Photo by Jack Crawford
The project architect Ware Malcomb has envisioned a dark gray brick facade and soaring floor-to-ceiling windows. As shown in renderings, prominent signage will also be made available directly above the entrance, though the exact tenant or tenants have not yet been announced.
113 E Oak Street. Rendering by Ware Malcomb
While no on-site parking will be provided, shoppers and tenants will find an array of nearby transportation options, with the closest bus service for Route 151 nearly adjacently east at Michigan & Oak. Other buses for Routes 143, 146, 147 and 148 can all be found within one block south. Anyone looking to board the CTA L will find the Red Line at Chicago station available within a nine-minute walk southwest.
113 E Oak Street. Floor plans by Ware Malcomb
The site lies between two major shopping areas, with a slew of retail and dining options to the west and northwest within the Rush & Division neighborhood, as well as to the south along Magnificent Mile.
113 E Oak Street. Photo by Jack Crawford
113 E Oak Street. Photo by Jack Crawford
Summit Design + Build is overseeing the construction for the $1.5 million development. An exact completion timeframe has not yet been indicated.
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