Drilling work is now underway for a new six-story hotel to be built at 710 S Seeley Avenue in the Illinois Medical District. This 135-key Hampton Inn & Suites is under development by East Lake Management & Development.
Articles by Jack Crawford
Just north of the Randolph & Aberdeen intersection in West Loop, Greystar Development’s 166 N Aberdeen Street can be seen rising past the second floor. The 21-story project involves a mixed-use package of ground-level retail and 224 total apartment dwellings. Greystar purchased this parcel, a former sausage factory, for $6 million from MCZ Development.
This week, YIMBY stopped by the commercial redevelopment of 932 W Randolph Street in West Loop. With exterior work now complete, interior construction can be seen progressing as this three-story former bank prepares for tenant occupancy. Developer L3 Capital has converted the former bank into a new retail and office venue, reskinning its outer walls and gutting the interior, while also adding a new segment at the northern end of the property. Last year, plans were revealed for the retail component to be occupied by a showroom for the electric carmaker Rivian.
Exterior construction has completed for Trammell Crow Company’s 400 N Aberdeen, a new 16-story development by Trammell Crow Company, situated just north of the Fulton Market District in West Town. This mixed-use project serves as the second phase to the developer’s Fulton Labs campus, whose first installment was the 14-story “West End on Fulton” at 1375 W Fulton Market Street. This latest addition to the expanding campus is primarily made up of offices with built in lab spaces, meant to gear towards biotechnology and life science companies. Other programming includes ground-level retail, a large open lobby, a 175-car parking garage, and a suite of office amenities.
Quickly rising in the Illinois Medical District is the 22-story mixed-use high rise at 513 S Damen Avenue. Developer Marquette Companies has planned for 1,000 square feet of retail, above which will be 279 rental apartments. These dwellings will be laid out as studios, junior one-bedrooms, one-bedrooms, and two-bedrooms.