Final facade work is approaching the finish line for the condominium conversion of Chicago’s iconic Tribune Tower, located at 435 N Michigan Avenue along the southern end of Magnificent Mile. The 462-foot-tall neo-Gothic tower was purchased by CIM Group and Golub & Company in 2018 as the namesake Chicago Tribune newspaper moved its headquarters to One Prudential Plaza.
Articles by Jack Crawford
A tower crane permit has been issued for the eight-story Life Sciences Building at Lincoln Yards, marking a key milestone as developer Sterling Bay kicks off its first building in the larger 53-acre Lincoln yards development along Chicago’s North Branch corridor. The permit address has been listed under 1229 W Concord Place, though the official address will fall under 1200 W Concord Place. The site of the new construction is a 60,000-square-foot parcel located at the southern end of the Lincoln Yards development boundary, just west of the river.
Facade progress is rapidly taking shape for 932 W Randolph Street, a redevelopment of a former three-story bank in West Loop‘s Fulton Market. The development involves the re-skin of the existing structure, and a new three-level connected addition that will take on the same design. L3 Capital is the developer behind the 35,000-square-foot project, whose programming will be entirely commercial. Recent reports have confirmed that a new showroom for the electric carmaker Rivian will occupy the building. Last year, L3 Capital received approval to convert the existing zoning designation of the property from C1-2 neighborhood commercial district to DX-5 mixed-use district.
Foundation permits have been issued for a new five-story residential building located at Lincoln Square‘s 2208 W Lawrence Avenue. Developed by Zivkovic Family Holdings LLC, the issued permit covers the first of two near-identical buildings adjacent to one another. This first building will include 10 total units, with the overall development set to house 20 units. Parking for the approved first structure includes four parking spaces on a rear concrete pad, and an additional three spaces within the building itself.
The two elevator and stair cores have now reached full height at Inspire West Town, hinting at the eight-story project’s future presence beside the Kennedy Expressway. Located at 1140 W Erie Street, the building is being developed by Bond Companies, and is set to include a mix of ground-level retail and 113 rental apartment units. A total of 23 affordable units will be provided under the affordable requirements ordinance, six of which will be on-site and the remaining 17 elsewhere in the vicinity.