Just south of the CTA L’s Ashland station, fencing can be seen around a three-story midcentury building, which upon its imminent demolition will be replaced by a new 12-story mixed-use building development. This 154-foot-tall project by Marquette Companies will integrate with a five-story 1920’s-era building at the south end of the block. The 140 N Ashland Avenue property previously housed the Women’s Treatment Center, whose operations are currently downsizing and prompted the organization to relocate.
Articles by Jack Crawford
The edifice’s story begins almost exactly 100 years ago, when The Chicago Tribune newspaper held a public competition to design its new headquarters. The key guideline was to design the “most beautiful office building” in the world, with over 260 submissions vying for that title and a first prize of $50,000 (roughly $800,000 in 2021). The winning entry was the Neo-Gothic design by New York-based Raymond Hood and John Mead Howells, whose dramatic Neo-Gothic design came to fruition with the tower’s completion in 1925. The Chicago Landmark would serve as the Tribune’s headquarters for another 93 years, up until its 2018 relocation to One Prudential Plaza. Upon the departure, the property was sold for $240 million to co-developers CIM Group and Golub & Company.
With scaffolding now removed and final facade and interior touches underway, we now have a final picture of the six-story 1123 W Randolph Street development in West Loop. Planned by Interra Realty at the corner of Randolph Street and May Street, this mixed-use mid-rise is poised to accommodate retail space on the first two floors and nine apartment units on the remaining four floors.
Rising rapidly in the Fulton River District, 354 N Union Avenue claims the 12th place in Chicago YIMBY’s year-end countdown. The 33-story residential tower will stand 410 feet and house a total of 373 rental units. Planned by Onni Development Group, unit sizes will range from a 400-square-foot studio up to a 1,600-square-foot three-bedroom penthouse.
Number 13 in the countdown goes to a newly kicked-off high-rise at 1400 S Wabash Avenue in South Loop, set to rise 30 stories and 316 feet. Developer CMK Companies has planned a mixed-use scheme that will provide ground-floor mercantile space and 299 rental apartment units above. Replacing a formerly vacant lot, the tower will fill a major gap both at the pedestrian level and within the South Loop skyline.