South Loop Residential Development Moves Forward

Rendering of Parkway Residences by 2RZ Architecture

Plans for a new residential development at 1225 South Indiana Avenue in the South Loop are moving forward, as the developer has applied for permits. Located at the intersection with East 13th Street, the project was initially pitched in 2022 to replace a large vacant lot near NEMA and behind One Museum Park.

1225 S Indiana Avenue

Site plan of Parkway Residences by 2RZ Architecture

Parkside Residences

Overall rendering of Parkway Residences by 2RZ Architecture

For the past few years, a local developer has been working with 2RZ Architecture on plans for the relatively low-density proposal, dubbed Parkway Residences. The Z-shaped building will be anchored by a new small public park at the main street corner, which will be fenced and feature a large lawn, benches, and landscaping.

Rendering of Parkway Residences by 2RZ Architecture

Plans of Parkway Residences by 2RZ Architecture

Below the five-story structure will be an 89-space parking garage, accessed via a new ramp off 13th Street. The building above will include a small lobby, bike parking room, fitness room, and 100 residential units, including some duplexes. These will consist of 60 one-bedroom, 13 two-bedroom, 25 three-bedroom, and two four-bedroom layouts.

Rendering of Parkway Residences by 2RZ Architecture

Parkway Residences

Rendering of Parkway Residences by 2RZ Architecture

The building will be capped by a large rooftop deck with small canopies. The exterior will be clad in a mix of brick, cast stone, and various tones of metal panels. Having received city approval a few years ago, the development can move forward once permits are issued. Construction is expected to take approximately 14 to 16 months to complete.

Subscribe to YIMBY’s daily e-mail

Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews

.

23 Comments on "South Loop Residential Development Moves Forward"

  1. Is there a location that needs 89 parking spots less than this one? Directly next to so much good public transportation.

  2. Oddly small scale and suburban in concept, but I like the new public lawn. Gets drowned out by the nearby skyscrapers but maybe that’s why a taller concept wouldn’t work?

  3. GardenViewNYC | March 26, 2026 at 8:22 am | Reply

    A touch of suburbia surrounded by skyscrapers and high-rise towers. 20 years from now it will be hard to convince anyone that this building was built after all of its neighbors rather than before.

  4. 0.9 parking ratio next to 20 year old skyscrapers and 4 rail transit lines + buses. Is this the South Loop in the late 80s? How did this happen?

  5. They must be landbanking this land until they get the funding for a larger structure.

  6. Ian I think you posted the April Fools article a few days early

  7. I am all for a mix of heights as variety is the spice of life, but I was expecting this to be 10-20, not 5

  8. Nothing I didn’t expect from this little plot of land.

    They raised the number of parking spots from the earlier proposal, which is a bummer. But I imagine this building will end up holding perhaps 150-180 residents, so 89 parking spots is a lower ratio than some may actually think.

  9. Been walking by and wondering about that lot for years. It is pretty small, and having a range of heights isn’t a bad thing for a neighborhood.

    Still though this proposal is not impressive. 10 or 15 stories would fit well there, the parking ratio is just silly, and TBH the small public park really isn’t even needed. (It’s a half-block from Grant Park in one direction and from an existing local park in the other.)

  10. Boo. What would fit great in this lot is a super tall super skinny tower. But I guess we’re 2-3 mayors away from that.

  11. I’m just glad they are finally building something here, albeit smaller than what I had hoped initially.

  12. Building that short next to the lake should be a crime.

  13. Joseph J Korom Jr | March 26, 2026 at 11:35 am | Reply

    OK, yes I do wish this project would have been taller – much taller, BUT the design is quite nice AND it reminds me of the Weimar Bauhaus (Gropius, et.al.) and that’s not a bad pedigree.

  14. I live in the neighborhood and I’m pretty sure that the size was governed by input from the condo owners in the towers all around it, i.e. a tall building would ruin their views of the South Loop – and greatly increase the construction time. There aren’t any lake views possible from that site – just angry condo owners a few feet away. And I agree with Mr. Korom Jr. that the design is quite nice.

  15. PS: I should have said “much of a lake view possible” from that site. Just a very narrow one between existing buildings.

  16. There is plenty of land available for development here and further south. We should spend more time supporting development and less time trying to find the absolute “perfect” project.

  17. Bobby Siemiaszko | March 26, 2026 at 12:25 pm | Reply

    This is just silly here. Again, doesn’t have to be 70 stories, but 10-15 stories would still look really short but at least fit in much better than this. This will fit in as well as the single family homes at State & Roosevelt. At least those have been there for awhile. This should work the other way too though. If we have single family and 2-3 flats in areas, we should be able to build 15-20 story buildings nearby.

  18. Wow this is awesome! Vacant lots turning into 100 homes with a public green space is a win. More housing in the South Loop, full stop!

  19. Maybe this is fit for Yorktown but not for downtown Chicago.

  20. Midwest Blade | March 26, 2026 at 3:45 pm | Reply

    Nice looking design, wrong location, did the nimby’s start yelling about views? I believe this parcel of land was always anticipating one more tower. Overall glad to see new development, hope something will eventually pop up at the corner of Michigan and Rosevelt.

  21. Alot of nimby attitudes in theses comments. It’s 100 homes replacing a vacant lot. People acting like this won’t be directly across the street from townhomes. Celebrate some development, we certainly need it.

Leave a Reply to Luis R Cancel reply

Your email address will not be published.


*