Construction is set to begin in early June for a 16-story commercial building at 311 W Huron Street in River North. This retail and office building has been planned by North Wells Capital. This past February, the developer secured an $88 million lease with the anchor tenant Spins, who will occupy 48,000 square feet within the top three floors. The 226-foot-tall edifice will replace a former parking lot just west of the elevated CTA L tracks.
At 153,000 square feet, programming will be primarily office space atop 8,500 square feet of retail. Office features include 16,250-square-foot floor plates, nearly 12’9″ ceiling spans, floor-to-ceiling windows with sweeping Downtown views, as well as a host of amenities. These common areas will comprise of a fully-equipped fitness center, a lounge area with various seating alcoves, and a spacious rooftop deck. Parking will provide 137 spaces housed within the tower base.
The design by NORR Architects features a mix of glass and dark metal paneling along the facade, as well as a curved penthouse enclosure at the top of the structure. Similar to other developments like 333 N Green Street in Fulton Market, there will also be a kinetic wall along the parking garage floors.
The site is heavily transit oriented, with both the Brown and Purple Lines available via a one-block walk north to Chicago station. Bus service is also available, with Route 37 located a one-minute walk to Chicago & Franklin. Route 66 is also within a four-minute walk northeast.
The imminent construction is part of a larger complex known as Verso. The first phase of this assemblage was the renovation of a seven-story building and a modern addition at 306 W Erie Street. With 311 W Huron as the second installment, the third development will be an even larger building at 320 W Huron Street. Currently, the exact height and number of floors for this future building are not yet known, though the square footage has been confirmed to be 260,000 square feet.
ARCO Murray will serve as general contractor, with a completion date now penned for September 2023. Construction and tower crane permits have been filed but not yet issued.