Number seven in the year-end countdown is the 33-story mixed-use tower prepping to rise at 344 N Canal Street in Fulton River District. The Habitat Company and Diversified Real Estate Capital LLC are behind the 375-foot-tall structure, located on the former site of the five-story Cassidy Tire building. The high rise replacement, dubbed “Cassidy on Canal”, will provide 343 apartments on its upper floors, with ground-floor retail space available as well.
The new apartment residences will range in size from studios to two-bedroom apartments, with some also outfitted with private balconies. Resident amenities include a fitness center and spa, a pool deck on top of the podium, a media and gaming room, a conference center, and a dog walk.
The Solomon Cordwell Buenz-designed structure rises from a hexagonal footprint, with two opposing glass columns lining the northwest and southeast corners. The material palette will be comprised of floor-to-ceiling windows, as well as bronze metal paneling and accents of varying tones, creating an industrial-inspired yet contemporary aesthetic.
The building will feature a garage with 123 parking spaces, as well as a bike room located in the podium. Public transit access is located in the vicinity, with bus stops for Routes 37, 56, 65, and 12, and CTA L service for the Green and Pink Lines available via a six-minute walk south to Clinton station.
Construction on the $139 million project has officially begun this past fall. General contractor McHugh Construction anticipates a 2024 completion for the project.
Countdown Comparison Corner (Spot #7)
The next entry in our New York-Chicago comparison is The Spiral, located at 66 Hudson Boulevard in Hudson Yards. Tishman Speyer is the development behind this 66-story, staircase-shaped structure. Its 1,041-foot-tall terraced design by Bjarke Ingels Group was conceptualized as a linked outdoor experience running wrapping around the full height of the tower.
Meanwhile, the interior programming will comprise of 2.85 million square feet of offices. Turner Construction Company has served as general contractor behind the $3.7 billion office block, with move-ins set to begin next year.