Construction is now at the fifth and final floor for a boutique residential building at 2423 S State Street in Near South Side. City Pads is behind the rental development, which is the second installation of a two-phase plan known as “Common McCormick.”
Yesterday Mayor Lori Lightfoot and other city officials commemorated the topping off of a new residential building as part of the first equitable transit-oriented development on Chicago’s South Side. Known as 43Green and located at 4308 S Calumet Avenue, the $100 million mixed-income, mixed-use project, which is being developed in three phases, will bring approximately 300 new apartments to the Bronzeville neighborhood upon completion.
Alderman Cappleman has announced that 3636 N Lake Shore Drive in Lake View East will commence construction during the fourth quarter of this year. The developer for this mixed-use proposal is City Club Apartments, who has planned two new structures to rise on the property. One will be a 19-floor building and the other will be a six-story building, measuring 228 feet and 75 feet, respectively. The two together will house 333 residential units total, along with a 5,000 square-foot restaurant. The residential unit breakdown will include studios and one-, two-, and three-bedroom residences. There will be 145 parking spaces underground and 50 bike parking spaces.
Core construction has reached its full height for a 41-story, 440-unit tower known as “The Reed” at 234 W Polk Street in South Loop. Developed by Lendlease, the tower is the second residential building within Lendlease’s seven-acre Southbank master plan. This project has also added public amenities to the area including two acres of park land and a riverwalk running alongside the Chicago River’s south branch.
A new residential development at 1021 W Polk Street in Little Italy has reached its full three-story height. The construction process began last year after the pre-existing two-story brick building on the lot was demolished.
