A pending permit in the Chicago Data Portal dated July 22nd could be a sign of the residential tower at 410 South Wabash coming back to life. The South Loop project underwent site prep and had caissons sunk into the ground back in 2021 but has been dormant since then.

Caisson work at 410 South Wabash in August 2021. Photo by Daniel Schell

Caisson work at 410 South Wabash in August 2021. Photo by Daniel Schell
Lennar Multifamily Company (LMC) is still named in the updated permit as the developer, but LMC has rebranded as Quarterra Multifamily and has been selling off properties since 410 South Wabash got started, so it is not clear who is now developing the site. The tower was designed by Antunovich Associates, and Power Construction is still named as the general contractor, having been so designated by a revision permit issued in March 2020.
Back in 2019 when 410 South Wabash got its first permit, it was to be a 25-story tower with 344 dwelling units. A three-story podium included first-floor retail space, plus a 103-space parking garage and enough storage to hold 137 bicycles. This month’s revision knocks the unit count down to 322 apartments and alters the fourth-floor amenity space. Initial floor plans showed a mix of one-bedroom, two-bedroom, and three-bedroom units, plus studios, convertibles, and micro-apartments It is not clear if those plans have changed.

410 South Wabash Avenue 25th-floor plan (2021). Plan via LMC/Antunovich Associates

410 South Wabash Avenue typical residential floor plan (2021). Plan via LMC/Antunovich Associates

410 South Wabash Avenue fourth-floor plan (2021), which the July 2025 pending permit changes. Plan via LMC/Antunovich Associates

410 South Wabash Avenue ground-floor plan (2021). Plan via LMC/Antunovich Associates
The permit history includes the foundation & superstructure permit issued in December 2019, reinstatements issued in January and again in June 2021, the full building permit in July 2021 (with a reported cost of $56.3 million), and then two more reinstatements in June 2022 and January 2023. As previously mentioned, the revision permit has been pending since July 22 of this year, and will be watched very closely for updates. It isn’t a reinstatement permit; we’ve seen lots of those. It’s a new construction permit, and the change in unit count might just mean someone is actively thinking about this project, and efforting to get it back on track.
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Wish the building was larger, but I just really want to see something finally built here
You know, this building could have been a lot, lot taller…I certainly wish it was. Also, I find the design to be too timid – it really should be much more compelling. I am glad to see this site come alive, it’s been dormant for far too long!