Foundation work is now underway for a 30-story mixed-use high rise at 1400 S Wabash Avenue in South Loop. The developer CMK Companies plans for 299 total units atop ground-level retail. Replacing a long-vacant lot, the 316-foot-tall structure is poised to contribute to South Loop’s expanding high rise cluster.
Floorplans will range from studios to three-bedroom residences. Plans also show a variety of common amenity spaces such as a top-floor lounge and an attached rooftop deck. The construction will also come with a new micro-park at the north end of the property. With the retail units along Wabash Avenue, the lobby itself will be accessible from a new motor court between the park and the building. Also accessible from the motor court will be the entrance to the integrated parking garage, which will accommodate 105 parking spaces and a bike room for 180 bikes.
Pappageorge Haymes’ design is made up of a glass curtain wall facade encased in an interlocking rectangle pattern with metal panel borders. Some of these rectangles will either protrude or recess, thereby creating an added sense of texture.
Bus options in close proximity include Routes 1, 3, 4, 12, 18, 29, 62, 146, and 192. Closest access to the CTA L can be found via Roosevelt station via six-minute walk north, with service for the Red, Green, and Orange Lines. The property is also just two blocks west of Grant Park, with direct access to both the lakefront and Museum Campus.
Priced at a reported $100 million, the new construction is being carried out by Lendlease as the general contractor. All needed permits have been issued, including the tower crane permit, and a full completion is expected for 2023.
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Looking at these renderings and Jack’s amazing model. I really hope that One Central Chicago starts its initial first phase soon even with its lack of money.
And with the Wells Connector finished soon, we’ll hear hopefully the plans for the first high rise in The 78.
I always say that I just feel that the South Loop will be an extension of the downtown Loop. Similar to how you have Midtown and Lower Manhattan in NYC. There needs to be more amenities in the SL though if it is to be a more attractive place. I find the SL lacks reasons to be there (outside of it’s abundance of living options as of recent.
It needs a bigger bar scene, along with more options for stores, and restaurants.
It’s mind-blowing how many surface lots there are in that area. Absolutely mind-blowing.
Chicago has so much land available in south loop and west loop almost as much as Lower Manhattan NY. Maybe more. Problem is that the property taxes are so high and there’s always some sort of zoning issue . But Chicago has potential to be as big as NYC. Too bad Chicago is so bankrupt