The Chicago City Council has approved the rezoning for two new high-rises in Fulton Market. The projects are located on opposite ends of the district, with the residential-based 1353 W Fulton Street anchoring the west end of the growing area and 360 N Green Street continuing the string of commercial mixed-use properties along Green Street on the eastern end of the neighborhood. Both towers recently received Plan Commission approval as well.
The Chicago City Council has approved the rezoning for a potential commercial development at 401 S Wacker Drive in The Loop. The wedge-shaped lot is bound by W Van Buren Street on the north, S Franklin Street to the east, and W Ida B. Wells Drive to the south with the Chicago River being just west of the site. The property is currently improved with a large cooling plant and adjacent parking lot owned by Centrio Energy, who began serving the Chicago area in 1995 under their previous name Enwave.
Developer Sterling Bay has secured financing for its mixed-use development at 160 N Morgan Street in Fulton Market. Located just north of W Randolph Street and next to the CTA Morgan station, the tall tower replaces a now-demolished drive-thru bank that once held a Gucci pop-up shop. Earlier this year Sterling Bay forged a joint venture with Colorado-based real estate private equity firm Ascentris on the project with local firm bKL Architecture working on the modern design.
The Chicago City Council has approved a new wellness center at 2933 W Division Street in Humboldt Park. Located on the intersection with N Richmond Street and across the street from the neighborhood’s namesake park, the new facility will replace an empty lot and three-story residential building while utilizing the existing adjacent parking lot. Developer Humboldt Park Health recently received approval from the Chicago Plan Commission on the JGMA-designed structure.
The Chicago City Council has approved the rezoning for a mixed-use development at 747 W 79th Street in Auburn Gresham. Located on the southeast corner with S Halsted Street, the new project replaces a vacant lot in an active retail corridor surrounded by various food shops and local businesses. As a part of the city’s popular Invest South/West initiative, developer Evergreen Imagine LLC is working with Ross Barney and Nia Architects on the design.
