Structural work has reached the 16th floor of a 21-story mixed-use building at 166 N Aberdeen Street in Fulton Market District. Developed by Greystar, the 241-foot high rise will be primarily apartments atop ground-level retail space. The current construction marks the second phase of a two-part scheme, whose first installment is the 11-story mixed-use building directly across Aberdeen Street.
The crowning parapet is beginning to take shape at 354 N Union Avenue, a 33-story residential tower in Fulton River District. The 410-foot-tall tower recently claimed dominance as one of the tallest structures in Fulton Market vicinity, surpassing neighboring K2 Apartments’ 366-foot pinnacle earlier this spring.
A tower crane permit has now been issued for a mixed-use development at 741 N Wells Street in River North. Developer Vista Property Group has planned for a 21-story to rise atop a historic three-story masonry building just south of the Chicago & Wells intersection. Programming will provide 9,400 square feet of retail and 178 apartment units.
Several key approvals have passed for 5200 W Chicago Avenue in Austin, where Heartland Housing Alliance and Oak Park Regional Housing Center have planned a major mixed-use redevelopment around the former Laramie State Bank. The Community Development Commission has approved the sale of 5206 W Chicago Avenue, while the Chicago Plan Commission has approved both the rezoning for the project and its Planned Development application. The scope of the plans have received both city and community support, having won the Austin Invest South/West RPF competition to imagine new projects for Chicago’s west and south sides.
The tower crane has now been installed for 920 N Wells Street in Near North Side, where Chicago-based developer JDL has planned an 18-story mixed-use building. This structure is the first stepping stone in a massive new development known as North Union, occupying 8.1 acres on property formerly owned by the Moody Bible Institute. Bolstered by JDL’s partnership with Square Mile Capital and Intercontinental Real Estate, North Union will provide six million square feet of new floor space (equivalent to roughly 1.5 Willis Towers), 2,656 residential units, a wide range of commercial spaces, and over 100,000 square feet of public areas. With its tallest tower approaching 700 feet, the $1.3 billion scheme will shift the northern skyline’s center of gravity further west.
