This weekend, Chicago YIMBY had the opportunity to tour the nearly complete 1229 W Concord Place, the first building of the broader Lincoln Yards plan. Developed by Sterling Bay, the plan calls for a 53-acre urban revamp of a former North Branch industrial corridor. This first installation will offer 320,000 square feet of Class A medical research labs geared towards biotechnology and bioscience tenant companies.
This week a groundbreaking ceremony was held for The Saint Grand at 535 N St Clair Street in Streeterville. With Mavrek Development as the developer, the 238-foot-tall mixed-use structure will blend office space and 248 apartment units atop 45,000 square feet of commercial office space and 7,500 square feet of retail.
Site prep continues to advance for a new medical expansion project for Advocate Illinois Masonic hospital in Lake View. Located at 900 W Nelson Street, the development will consist of a new lateral addition (‘phase 03A’) to an adjacent medical building built in 2015, then later by a vertical expansion (‘phase 03B’) sitting atop both the 2015 structure and the phase 03A structure.
The superstructure has reached its full 350-foot height for 1400 S Wabash Avenue in South Loop, where CMK Companies is developing a 30-story apartment tower. Replacing a long-vacant former parking lot, the tower will help bolster the outer edge of South Loop’s skyline while adding 350 new residences to the area. There will also be a retail component with storefront along Wabash Avenue. The residential lobby, meanwhile, will be located around the corner along a new driveway extending off of 14th street.
Steel beams are approaching what will eventually be the roofline for a new two-story commercial building at 801 W Belmont Avenue in Lakeview East. Developed by Hubbard Street Group, the project will be replacing a former brick edifice originally designed by Ivar Viehe-Naess and completed in 1921.The replacing project will house 59,000 square feet of commercial or retail usage and will come with 300 feet of new store frontage.
