Yesterday, the Chicago City Council approved a new zoning ordinance to upzone the property occupied by the Thompson Center, potentially clearing the way for a much taller development. Located at 100 W Randolph Street in The Loop, the 17-story government building was listed for sale earlier this month as the state has begun dispersing its downtown offices to other locations. One such location is the 429,000-square-foot 555 W Monroe Street, where nearly a third of the 3,400 state government employees have relocated.
Articles by Jack Crawford
Construction permits have been issued for a three-floor residential building located at 4244 S Wabash Avenue in Bronzeville. James Nahon is the owner for this project, whose filing description includes plans for three total units and a detached garage. The development is set to replace a formerly vacant grass parcel.
Only final touches remain for Elm 551 at Parkside, a three-building apartment complex at 551 W Elm Street in Near North Side. With Holsten Real Estate Development Corporation as the developer, the project is the latest milestone in a broader mixed-income masterplan known as Parkside of Old Town.
Final cladding is now underway for a seven-story mixed-use building at 1122 W Chicago Avenue in West Town. Now branded as Nevele22 (“Eleven” backwards + 22), the 97,000-square-foot project is being developed by Lipe Property Company to include both commercial and residential space. The development is replacing a former cluster of low-rise buildings and parking lots on a triangular parcel bound by W Chicago Avenue and N Milwaukee Avenue.