Articles by Ian Achong

Plans Revealed For New Hotel In Fulton Market

Details have been revealed for a new mixed-use development at 1016 W Lake Street in Fulton market. Located on the intersection with N Carpenter Street, the project would replace a surface parking lot next to a strip of townhomes facing the train tracks. The proposal is being led by a team made up of New York-based Cogswell Realty and Chicago-based Erol Stapleton, with M Moser Associates working on the design.

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Sale Announced For Parcel At 527 W Kinzie Street

A new land sale has been announced for the property at 527 W Kinzie Street in the Fulton River District near The Loop. Located by the river and directly next to the upcoming Cassidy on Canal tower, the lot had originally been earmarked for a potential residential development. The sale is being executed by CBRE on behalf of the owner Vornado Realty Trust, who is based in New York and owns Merchandise Mart.

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UAW Strike Deal Includes Major Investments In Chicagoland

New details have been revealed for major investments on Chicagoland auto plants as part of a deal with United Auto Workers. The two largest winners are the Stellantis Belvidere factory at 3000 W Chrysler Drive, and the Ford factory at 12600 S Torrence Avenue in Hegewisch. The announcement comes as part of the recently announced contract between the UAW and the three major automakers of GM, Stellantis, and Ford.

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Funding Approved For Battery Powered Metra Trains

The Chicago Metropolitan Agency for Planning and the Metropolitan Planning Organization Committee have approved new funding for Metra. The approval will allow for Metra to receive a $169.3 million grant from the federal Congestion Mitigation and Air Quality Improvement grant. The money will go towards new electric train sets to be used on multiple lines in order to better and increase service, though no delivery date was announced.

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Design Iterations Revealed For Old Town Canvas Tower

Multiple design iterations have been revealed for the base of the upcoming mixed-use development at 1610 N LaSalle Drive in Old Town. Sitting right on the intersection with W North Avenue, the tower is part of the upcoming Moody Church Auditorium redevelopment proposed in 2021. The project is being led by Chicago-based developer Fern Hill, with GREC Architects working on the design from now on.

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