Since its coverage in the 2021 year-end countdown, further window and railing installation has taken place for Sedgwick Development‘s 142 W Erie Street, formerly known as Bentham Chicago. The 14-story mixed-use building is located River North along the corner of Erie Street and LaSalle Drive, just one block east of the Wells Street restaurant corridor. Prior to the construction, the parcel was occupied by an auto body shop that was demolished in 2017.
The development will yield roughly 2,500 square feet of ground-level retail and a total of 31 condominium residences, ranging in price from $1.2 million to $3.5 million. Unit layouts will offer both three- and four-bedroom options. These units will offer European-style kitchens with Florense stainless steel appliances, freestanding tubs and walk-in glass showers in the master baths, as well as Hansgrohe plumbing fixtures. Residents will also find floor-to-ceiling windows and balconies with skyline views.
Building features include direct private elevator access, a secure package room, and 24-hour doorman and concierge service. The garage housed within the podium will also provide 46 parking spaces.
The design of the tower, also designed by Sedgwick Development, consists of a glass curtain wall facade broken up by white metal paneling. Since its inception, several changes have been made to this design. The originally planned white masonry base has switched to the aforementioned white metal paneling. The originally planned 15th floor amenity penthouse and rooftop pool deck have also been removed from the scope.
Not only is the project surrounded by retail and dining options, but also readily available public transit. Those looking to board either the Brown or Purple CTA L lines will find Chicago station via a five-minute walk northwest, while the Red Line at Grand station is a nine-minute walk east. Bus service for Route 156 is immediately available at the adjacent corner of LaSalle Drive and Erie Street.
Totaling $22 million according to reported costs, the construction was initially carried out by Alpha Construction Services as the general contractor. Last year, this title was switched to K & H Construction Services. 142 W Erie is currently poised to open this coming spring.