Plans have been revealed for a new mixed-use development at 200 West Ohio Street in River North. Sitting on the corner with North Wells Street, the new proposal would replace an existing three-story building that has sat vacant, along with its surrounding parking lot. Efforts are being led by Chicago-based developer Newstreet.
Site context map of 200 W Ohio St via Google Maps
While we were not able to confirm when it was built, the existing 12,000+ square-foot brick structure and its 12-vehicle parking lot were most recently auctioned off in late 2025, with an opening bid of just over $3.5 million. Now, the project team is proceeding with demolition after receiving a permit from the city earlier this week.
Image of 200 W Ohio St via Rick Levin Auctions
Replacing it will be a new six-story structure designed by Pappageorge Haymes Partners. The building will occupy the entirety of the site and include 4,800 square feet of retail space; it is unclear if any parking will be included. The floors above will hold 48 new residential units, most likely made up of studio, one-, and two-bedroom layouts.
Rendering of 200 W Ohio St by Pappageorge Haymes
The structure itself will be clad in a mix of red brick, along with dark gray and black metal panels in an industrial style. Select units along the northern facade will feature private cantilevered balconies as well, with all residents having access to limited amenities on the second floor. At the moment, no construction timeline has been announced.
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20 more of these.
Awesome infill. If I recall correctly, this area + the surrounding few blocks will have quite a few new infill buildings in the coming years!
This is great and they need to keep ’em coming filling in parking lots, although one of those rare times where I’ll agree with others on this site and wonder, in this location, why is this not *at least* a 30 story building? The demand for River North should be very strong.
Of note, they are demolishing the one story fireplace store too.
Big upgrade. Get it built then do dozens more.