Two residential construction projects in Chicago, 220 North Ada in Fulton Market and 400 Lake Shore in Streeterville, erected tower cranes on their respective job sites last week. The two new cranes mark the 10th and 11th to operate in the city in the month of May.
A tower crane base has sprouted at the 220 North Ada construction site in the West Loop. General contractor Clayco and concrete contractor Adjustable Concrete Construction will soon erect the full crane. That means this 29-story, 308-unit apartment tower will be going vertical in no time.
The Chicago City Council has sanctioned a $25 million bond for The Ave, a multi-family housing project. The Ave, which won the Chicago Ave Invest South/West RFP site in late 2021, will be situated at 3601 W. Chicago, replacing the existing Neighborhood Housing Services office and a city-owned commercial building. The project, led by KMW Communities, POAH, and CEC, will be a four-story structure housing 52 affordable apartments, a Neighborhood Housing Services space, an innovation center, 16,000 square feet of retail space, and a ground-floor parking area for 32 vehicles.
A new development is underway at 6216 South Woodlawn Avenue in Woodlawn, marking a notable investment in the local housing market with a budget of approximately $1,286,000. The project, which is being spearheaded by owner Bill Williams, plans to introduce a modern three-story townhouse that will boast six dwelling units and twelve parking stalls.
Construction has officially commenced for a new mixed-use development at 220 N Ada Street, on the corner of W Fulton Street in Fulton Market. The project, initially proposed in 2021 under the address 1353 W Fulton Street, is being developed by Shapack Partners, CRG, and KMW Communities. The plans received city approvals in 2022, but have recently undergone design changes.
