This past week, plans were disclosed for a new eight-story mixed-use building proposed for 629 W Lake Street in West Loop Gate. The project will be located at the corner of Lake & Desplaines, and will replace the Fast Track restaurant that currently occupies the site. Based on information provided by the office of Alderman Reilly, the developer behind the proposal has not yet been mentioned.
Articles by Jack Crawford
Demolition work can be seen at the site of the former Sears department store, situated at 4712 W Irving Park Road in Portage Park. Under development by Novak Construction, this initial work will clear the way for a mixed-use transformation. Estimated to cost $90 million, this massive undertaking is another piece of a broader effort to enliven the six corners commercial node. Just across the street, work is progressing rapidly for a 10-story senior living and retail development known as Clarendale Six Corners.
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.
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.