This week, YIMBY had the opportunity to attend the official groundbreaking ceremony for 920 N Wells Street, an 18-story mixed-use building in Near North Side. Developed by JDL in partnership with Square Mile Capital and Intercontinental Real Estate, the project marks the first step in a $1.3 billion development by JDL known as North Union, which will span across 8.1 acres on land formerly owned by the Moody Bible Institute.
920 N Wells Street
Updated details have been revealed for the North Union megadevelopment in the Near North Side. The 8.1-acre site is bound by the CTA Brown Line tracks to the west, W Hill Street to the north, N Wells Street to the east, and W Chestnut Street to the south. It was previously a part of the Moody Bible Institute’s campus, whose parent church’s auditorium is also part of the upcoming Fern Hill Old Town redevelopment. Developer JDL, also responsible for the recently completed One Chicago project, is leading the North Union proposal and working with local firm Hartshorne Plunkard Architecture on design.
Caisson drills and other equipment can be seen at the site of 920 N Wells Street, which will give way to a new 19-story residential building in Near North Side. This new edifice will be the first step in a $1.3 billion mega development known as North Union. This masterplan will deliver nearly three million square feet of mixed-use space, while adding 2,656 new residential units to the Downtown area.