Tower Crane Erected for 920 N Wells Street in Near North Side
The tower crane has now been installed for 920 N Wells Street in Near North Side, where Chicago-based developer JDL has planned an 18-story mixed-use building. This structure is the first stepping stone in a massive new development known as North Union, occupying 8.1 acres on property formerly owned by the Moody Bible Institute. Bolstered by JDL’s partnership with Square Mile Capital and Intercontinental Real Estate, North Union will provide six million square feet of new floor space (equivalent to roughly 1.5 Willis Towers), 2,656 residential units, a wide range of commercial spaces, and over 100,000 square feet of public areas. With its tallest tower approaching 700 feet, the $1.3 billion scheme will shift the northern skyline’s center of gravity further west.