The mixed-use development known as “Cassidy on Canal” is close to reaching its full height of 355 feet at 350 N Canal Street in Fulton River District. The structural work for this 33-story building, a product of collaboration between The Habitat Company and Diversified Real Estate Capital LLC, is scheduled to wrap up by the end of July, McHugh announced this past week.
This angular mixed-use tower will deliver 1,300 square feet of versatile retail space and 343 apartments, offering a mix of studios and two-bedroom residences. Private balconies are a feature of select units. Future residents can anticipate an array of amenities, including a pool deck, a spa, a fitness center, a recreational room, a conference center, and a designated pet walk area on the fifth level. The building also makes provision for urban commuters with its 123-vehicle garage, dedicated bicycle storage, and an extra 185 ground-level bicycle parking spaces.
Given its hexagonal shape and cladding materials, the high-rise’s exterior varies from the blue glass curtain walls of the surrounding office towers. Its design by Solomon Cordwell Buenz features floor-to-ceiling windows, bronze metal cladding, brick, and additional metallic finishes. Meanwhile, some of the bricks from the demolished Cassidy Tire Building on the site are being commemorated within the new structure. A recent press release from Taylor Johnson also noted that while the majority of the brickwork will be from new materials, its color will reflect a similar tone to the ones used in the previous structure.
The location of the site factors into public transit accessibility, which offers CTA bus service for Routes 12, 37, 56, and 65, as the Clinton station’s Green and Pink Lines are within a five-minute walk.
Led by McHugh Construction as the general contractor, the construction officially broke ground last fall. As of now, the glass and metal enclosure is set for completion by the end of this year. The first 20 floors will welcome occupants in February 2024, with the rest following in spring. The $139 million project is on track for substantial completion and move-ins by the summer of next year.