Construction has now passed the halfway mark for a 41-story residential building known as The Reed, located at 234 W Polk Street in South Loop. Developed by Lendlease, the building is the second of four structures in a masterplan known as Southbank. Lendlease’s plans for the structure include 224 rental apartments and 216 condominiums, for a total of 440 on-site units. The rental portion will occupy the ninth through 22nd floors, while the remaining floors above will be designated for the condominiums.
Articles by Jack Crawford
Remaining facade work is approaching completion for the new two-story amenity clubhouse at Prairie Shores, a five-building apartment complex in Bronzeville. Co-developers Golub & Company and Farpoint Development had purchased the complex in 2019 for $180 million, having partnered with Goldman Sachs Urban Investment Group. This acquisition kicked off a string of renovations throughout the property, including interior renovations of the 1,675 residences, landscaping improvements, and common area upgrades.
A full construction permit has been issued for a new three-story mixed-use commercial building at 1100 W Randolph Street in Fulton Market District. L3 Capital has planned to deliver 30,000 square feet of new retail and office space, whose containing parcel stretches along Randolph Street in parallel with 160 N Aberdeen Street which is now under construction. L3 acquired this parcel in 2018, previously occupied by a masonry private family office building. As per the developer’s website, all three floors of the future structure are still available for lease, with planned retail on the first and second levels and office space on the third level.
Foundation work is making quick headway for 160 N Morgan Street, a 30-story apartment building gearing up to rise in Fulton Market. At 350 feet, the tower will be one of the taller structures to rise as West Loop‘s development boom gains momentum. Developed in partnership between Sterling Bay and Ascentris, plans for the structure include 282 rental units, occupied by two levels of retail at its base.
Now six stories high, structural work continues its climb for 166 N Aberdeen Street, a 21-story residential development in West Loop’s Fulton Market. Set to rise 241 feet and planned by development firm Greystar, this tower is one of several new additions for this cycle that will transform the Randolph Street corridor.