Full construction permits have now been issued for 5200 W Chicago Avenue in Austin. The Oak Park Regional Housing Center and Heartland Housing Alliance have partnered to renovate and redevelop the historic Laramie State Bank building and an adjacent parking lot to the west.
The fifth and final segment of West Loop Collection at 216-236 S Green Street is now at roof height. The project by POGN Development consists of 40 total condominiums divided up into eight per building in the West Loop. From three-bedroom apartments to five-bedroom penthouses, these magnificent residences offer something for everyone. Prices range from a modest $1 million for the single-level “simplex” to $2 million for a duplex penthouse.
An initial foundation permit has been issued for 1217 W Washington Boulevard in West Loop, where DAC Developments has planned for a new 19-story mixed-use tower. Located between two adjacent historic buildings, the site is currently a vacant lot that overlooks the intersection of W. Washington Blvd and N. Willard Ct. DAC Developments is collaborating with Melrose Ascension Capital on the project.
Structural work has progressed to the fifth level at 812 W Adams Street in West Loop, where a new seven-story mixed-use development by Luxe Suites Chicago is under construction. Upon completion, the development will feature 80 for-rent apartments and 4,200 square feet of retail, replacing the three low-rise buildings that previously occupied the southernmost part of the block.
In second place in Chicago’s year-end countdown is 1000M, a 74-story residential skyscraper in South Loop. The 788-foot-tall tower is now rapidly ascending and beginning to leave its mark on the south end of the Chicago skyline. The joint project between JK Equities, Time Equities, and Oak Capitals promises to consist of a total of 738 rental units located at 1000 S Michigan Avenue.
