Initial details have been revealed for a new mixed-use development at 535 N St. Clair Street in Streeterville. Located on the northeast corner with E Grand Avenue, the new structure will replace a three-story 255-space parking garage adjacent to some low-rise commercial and mid-rise residential buildings. Developer Mavrek Development is working with local architecture firm NORR on the design of the mid-rise that will bring new life to an often overlooked intersection.
The new 21-story, 238-foot-tall building will feature office and residential uses, a mix not commonly seen in recent proposals and unique with the current market for office space in Chicago’s historical commercial core. The ground floor will be anchored by a 7,855-square-foot retail space on the corner, with the office lobby and parking garage access on St. Clair Street and the residential lobby located on the easternmost side of the E Grand Avenue streetfront. The parking ramp will lead up to the 100-vehicle garage spread across two floors, a decrease from the originally planned 138 spaces with parking for 124 bicycles.
Above the parking floors will be two Class A office floors with a total 41,127 square feet of leasable space for one or multiple tenants with modern ventilation systems, integrated tech, and other safety items to draw employees back. Each office floor will feature an east-facing outdoor terrace and workers will have access to residential amenity spaces as well which include a large fitness center with yoga studio, lounge, co-working space, dog run, and rooftop deck with a pool.
On top of those floors will be 15 residential floors containing 248 apartments split into 124 efficiency layouts ranging from 492 to 706 square feet, 17 one-bedrooms at 828 square feet, 45 one-bedroom with dens ranging from 804 to 811 square feet, 62 two-bedrooms ranging from 1,017 to 1,326 square feet. All of the units will feature layouts geared towards at-home working spaces, as well as a majority of them will have private cantilever balconies, at the moment no extra information on the allocation of the required affordable units has been revealed.
The project will be clad in a metal and glass facade with the retail and parking floors featuring a heavier metal frame while the inset residential tower will have thicker spandrel pieces every three floors to break up the massing. The top pool deck will extend the facade to feel more integrated with open beams hanging above the handrails, the parking garage levels are covered in translucent glass with a knee-wall to conceal headlights from shining out towards the surrounding high-rises.
Future residents will have bus access to CTA Routes 2, 3, 26, 66, 120, 121, 143, 136, 147, 148, 151, and 157 all within a three-minute walking distance. The CTA Red Line at Grand station is available via a six-minute walk, and all other remaining CTA lines are at the State & Lake station via a 12-minute walk. The building will require no zoning changes, thus developer plans to begin demolition of the site this summer with a groundbreaking expected by the end of the year. The current timeline places the office floors to be ready for tenant build-outs by the third quarter of 2023 and full completion by early 2024.