Developer Sterling Bay has revealed new details on the next phases of its Lincoln Yards mega-development near Goose Island. The new area now called ‘Lincoln Yards South’ will be the focus of all upcoming construction with the final delivery of buildings expected in 2025, and has commenced construction with ALLY at 1229 W Concord.
The new areas are designed by architecture firms Hartshorne Plunkard Architecture and Gensler along with landscape designers Hoerr Schaudt and Site Design Group, original documents for the project showed Skidmore Owings & Merrill as the master planners. As we previously reported, The Steelyard mixed-use shopping, entertainment, living and working district will be the main draw to the area sitting directly south of a new park along the river.
Sterling Bay has split the construction update into completion years, showing an aggressive timeline for the project and surrounding infrastructure, they will be built as followed:
- Improvements to Concord Place – Updates will stretch from Elston Avenue all the way to the river with a roundabout at the end.
- ALLY at 1229 W Concord – Most recently covered in our year-end countdown, a 144-foot-tall life sciences building delivering 280,000 square feet of Class A medical research and lab space.
- The Steelyard Main Street – The pedestrian-oriented lifestyle district will consist of laneways with a central artery surrounded by 321,000 square feet of retail space including an entertainment venue.
- 1685 Throop – Since we last reported on its initial plans in November, the office building has been updated with a height increase to 225 feet with a new glass facade with angular openings. Original plans for the structure called for 365,000 feet of space, with the adjoining retail and venue space bringing the total footprint to 460,000 square feet.
- Parcel D1 – A two-tower structure containing a retail podium and a central breezeway leading to the park directly north of the buildings will be wrapped in glass with plant-filled terraces. The potentially 225-foot-tall design will deliver 355,000 square feet of residential space with plenty of outdoor decks.
- The Marketplace Retail – Small retail building east of Parcel D1.
- E1/E2 Parking Pedestal – A parking podium on the corner of Ada Street and Wabansia Avenue, designed to hold a future building on top.
- Park Phase 1 – The first half of the development’s main park directly north of The Steelyard which will include terraces, market plazas, and various facilities.
- Park Phase 2 – The second phase will build out the remainder of the south of the river portions of the 6.5 acre park, including gardens, active spaces, a dog run, kayak launch, artificial turf fields, sports courts, and playground among others.
- Riverwalk/Water Taxi Stop – Part of the larger park, a new water taxi stop with floating wetlands will hug the river shore line.
- D2 & D3 Residential – Plans are yet to be revealed for the two final structures that would terminate The Steelyard to the east and hug the river’s edge as well; it is worth noting the area was originally planned to deliver roughly 800 residential units including Parcel D1.
- Throop Street Bridge & 606 Extension – The famed elevated park would cross under the highway and now terminate south of the river in the park. The previously named Dominick Street Bridge will now go by Throop and connect the north and south ends of the project over the river approved in 2020.
In future phases, post 2025, taller high-rises and skyscrapers are expected to be delivered including massive office and residential projects, two more water taxi stops, expanded riverwalk, and the northern half of the main park. More information on the design and names of the parcel towers will be revealed in the near future, Sterling Bay will not require any extra approval for the project as the masterplan was already approved, any presentations are a required courtesy under their approval. The latest presentation of the area can be found here.