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.
The Commission on Chicago Landmarks has approved the final certification for tax incentives for the Chicago & North Western Railway Office Building at 226 W Jackson Boulevard in the heart of downtown The Loop. The historical building recently went through a full rehab converting it into a dual-flag Hilton hotel, located on the corner of Jackson Boulevard and S Franklin Street. The approval grants the project a Class L Property Tax Incentive which will provide it with tax breaks for the next 12 years.
Updated details have been revealed for the mixed-use development at 210 N Morgan Street in the West Loop. Located just south of the intersection with W Fulton Street, the new building would replace an empty lot and an existing one-story masonry structure, adding extra density just north of the recently financed 160 N Morgan Street. Developer New Castle is familiar with the West Loop having worked on various other nearby projects and is working with local architecture firm Hartshorne Plunkard Architecture, who recently relocated from their nearby office.
In West Loop‘s Fulton Market District, the site of 1020 W Randolph Street is now undergoing preparation for a five-story mixed-use building. This boutique 69-foot-tall project is being developed by L3 Capital, whose planned programming will consist consists of ground-floor retail with 22,000 square feet of office space above. There will also be a sixth-level amenity area with a penthouse enclosure and a 2,000-square-foot terrace.
The Chicago City Council has approved a new mixed-use development at 1245 W Fulton Market Street in the West Loop. Located near the intersection with N Elizabeth Street, the project comes to us from developer Sterling Bay with the design being led by West Loop local firm Harthshorne Plunkard Architecture. The approval green-lights the building to rise in the fast-growing neighborhood where some have called for a slowdown on new developments.
