This week, North Wells Capital secured an $88 million lease for a planned 16-story retail and office building at 311 W Huron Street in River North. The anchor tenant, a market research company known as Spins, will occupy 48,000 square feet along the top three floors.
Articles by Jack Crawford
Structural work is taking shape at 3936 N Milwaukee Avenue in Portage Park, where GW Properties has planned a two-story medical office building. This new building, which will replace a former parking lot, will also come with a total of 60 parking spaces.
Following permit approval from last summer, foundation work can now be seen for LG Development’s HUGO masterplan, which involves the construction of two mid-rise buildings in River North. Located at 751 N Hudson Avenue and 411 W Chicago Avenue, these two mixed-use structures will each stand nine stories and will collectively house 230,000 square feet of programming, made up of roughly 19,000 square feet of retail and 227 apartment dwellings. The two buildings will replace former parking lots, and will be narrowly separated by an existing masonry low-rise building.
The planned Northwestern Medicine Advanced Outpatient Care Center has officially broken ground at 4445 W Irving Park Road in Old Irving Park. With permits issued late last year and foundation and excavating work having already begun, this new four-story medical facility will occupy the full block bound by W Irving Park Road, N Kenneth Avenue, a rear alley, and N Kilbourn Avenue.
Along Milwaukee Avenue in Portage Park, brick and glass is undergoing installation for the 10-story Clarendale Six Corners, a mixed-use residential and retail development by Ryan Companies, LCS, and Harrison Street Real Estate Capital. Under the address 4715 W Irving Park Road, the new building will house 18,000 square feet of ground-level mercantile space, 258 senior living apartments, and an array of integrated amenities.