Articles by Ian Achong

Water Tower Place Changes Hands On Michigan Avenue

The famed Water Tower Place Mall at 835 N Michigan Avenue on the Magnificent Mile has been turned over to its lender. Located between E Chestnut Street and E Pearson Street just south of the John Hancock Tower, the retail location has occupied the full block site since the 1970’s. Most recently owned by New York-based Brookfield Properties who operate retail locations across the nation, the mall will now be in the hands of MetLife Investment Management which is a part of the insurance company.

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Initial Details Revealed For A Residential Development At 5853 N Broadway In Edgewater

Initial plans have been revealed for an affordable residential development at 5853 N Broadway in Edgewater. Located just south of the intersection with W Thorndale Avenue, the project would replace an existing one-story masonry building and its parking lot adjacent to the Broadway Armory community center. The current structure is utilized by the Streets and Sanitation Department, who will vacate the property. Local developer Bickerdike Redevelopment Corporation is working with Landon Bone Baker Architects on the design of the new mid-rise.

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Affordable Housing Development Switches Owners At 2548 S Federal Street In Douglas

Updated details have been released for the residential project at 2548 S Federal Street in Douglas. Dubbed SL Solar Lofts, the site is bound by W 26th Street to the south, the Metra Rock Island tracks to the west and Stevenson Expressway to the north. The project will rehab and partially expand the existing industrial building into apartments. The previous owner, JDC Group Inc., recently sold the property to its current developer 548 Capital who has taken over the previously detailed plans from Red Architects.

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Updated Details Revealed For Mixed-Use Development At 210 N Morgan Street In The West Loop

Updated details have been revealed for the mixed-use development at 210 N Morgan Street in the West Loop. Located just south of the intersection with W Fulton Street, the new building would replace an empty lot and an existing one-story masonry structure, adding extra density just north of the recently financed 160 N Morgan Street. Developer New Castle is familiar with the West Loop having worked on various other nearby projects and is working with local architecture firm Hartshorne Plunkard Architecture, who recently relocated from their nearby office.

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Initial Details Revealed For Mixed-Use Development At 3831 W Chicago Avenue In Humboldt Park

Initial details have been revealed for a mixed-use development at 3831 W Chicago Avenue in Humboldt Park. Located on the corner with N Avers Avenue, the new construction will replace a series of city-owned empty lots and three empty one-story masonry clad industrial buildings the developer now owns. The project is being led by 548 Development, who has worked on various Invest South/West proposals, with local firm Lamar Johnson Collaborative working on its modern design.

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