Construction permits have been issued for the foundation and ground-breaking of 1730 S Wabash Avenue, a new 12-story building in South Loop. The permit, which was submitted on June 28, 2022, was approved on December 21, 2023, after a 541-day review process.
With a budget of $5,700,000, this first phase of development will be focused on laying the foundation and constructing the partial superstructure for the development up to the top of the second level. The first and second-floor mezzanines plan to include parking spaces for 80 vehicles in total across both levels. When complete, the building will house 110 residential apartment units.
Architect David Haymes is listed as the architect of record for this phase of development. In addition, Brandts Build will be the general contractor and McHugh Concrete Construction will lead the masonry work for this phase of construction.
When complete, 1730 S Wabash will be located steps from bus stops for Routes 1, 3, 4, 29, and 62. Beyond that, the Cermak-McCormick Place CTA Station will be a 10-minute walk from the development, and the Cermak-Chinatown CTA station will be an 11-minute walk from the property.
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Love the fact that the South Loop is starting to dense up!
This stretch of Wabash really needs something like this. Happy it is finally coming into fruition.