In a dramatically busy week, another residential tower has been proposed for 1234 W Randolph Street in Fulton Market. The joint venture behind these plans, comprised of Azur Holdings and Golub, have filed a zoning application calling for a 42-story tower with 400 apartment residences, of which 80 will be affordable under ARO guidelines.
By Fulton Market‘s height standards, a towering new residential development has been proposed for the 375 N Morgan Street, lying adjacently west of the underway Guinness Brewery project. Spearheading both projects on the two adjacent parcels, developer Fred Latsko has called for a nearly 40-story building with more than 500 for-rent units. Given its similar number of floors to the nearly topped-out 900 Randolph, we can likely expect a height in the range between 450 and 500 feet. Latsko had previously mulled plans for a 30-story office development, but has shifted due to ever-increasing apartment demand and the lifting of the neighborhood’s moratorium on new residential developments.
Sterling Bay, the real estate developer behind the $6 billion Lincoln Yards masterplan, has revealed plans for a new 15-story apartment building directly to its east in Lincoln Park. The project faces Sterling Bay’s mega-assemblage from across the North Branch river, calling for 359 new units on a parcel addressed as 2031-2033 N Kingsbury Avenue. Of the total unit count, 36 on-site residences will be affordable. In addition, Sterling Bay will contribute $5.1 million to the city affordable housing fund. The Chicago-based developer has partnered with Lone Star Fund as a joint venture, further continuing their collaboration beyond Lincoln Yards.
Extensive facade Installation can be seen for an eight-story mixed-use development known as “Inspire West Town,” located at 1140 W Erie Street in the West Town neighborhood. Bond Companies is the developer behind the project, which will provide both ground-level commercial space and 113 total apartments. There will be both on- and off-site affordable housing, with six on-site units and 17 that are being subsidized elsewhere in the vicinity. Unit sizes will fall between one- and three-bedrooms, with overhanging private balconies attached to select units.
Glass and metal installation has begun for CMK Companies’ 1400 S Wabash Avenue, a 30-story mixed-use high rise in South Loop. Set to stand 350 feet, the tower will contain a combination of ground-level retail and 299 rental units above. Since YIMBY’s last update, structural work has progressed rapidly, with work now climbing past the 20th floor.
