Remaining facade work is approaching completion for the new two-story amenity clubhouse at Prairie Shores, a five-building apartment complex in Bronzeville. Co-developers Golub & Company and Farpoint Development had purchased the complex in 2019 for $180 million, having partnered with Goldman Sachs Urban Investment Group. This acquisition kicked off a string of renovations throughout the property, including interior renovations of the 1,675 residences, landscaping improvements, and common area upgrades.
Articles by Jack Crawford
A full construction permit has been issued for a new three-story mixed-use commercial building at 1100 W Randolph Street in Fulton Market District. L3 Capital has planned to deliver 30,000 square feet of new retail and office space, whose containing parcel stretches along Randolph Street in parallel with 160 N Aberdeen Street which is now under construction. L3 acquired this parcel in 2018, previously occupied by a masonry private family office building. As per the developer’s website, all three floors of the future structure are still available for lease, with planned retail on the first and second levels and office space on the third level.
Foundation work is making quick headway for 160 N Morgan Street, a 30-story apartment building gearing up to rise in Fulton Market. At 350 feet, the tower will be one of the taller structures to rise as West Loop‘s development boom gains momentum. Developed in partnership between Sterling Bay and Ascentris, plans for the structure include 282 rental units, occupied by two levels of retail at its base.
Now six stories high, structural work continues its climb for 166 N Aberdeen Street, a 21-story residential development in West Loop’s Fulton Market. Set to rise 241 feet and planned by development firm Greystar, this tower is one of several new additions for this cycle that will transform the Randolph Street corridor.
Facade scaffolding can be seen along the frontage 430 N Michigan Avenue, the downtown headquarters for The National Association of Realtors (NAR). Originally built in 1962 as a 10-story building, this Magnificent Mile has high…