The tower crane stump and installed foundations can be seen at 225 N Elizabeth Street, set to give way to a new 28-story, 314-foot building in Fulton Market District. Developer Sterling Bay and partnering private equity firm Ascentris are behind this mixed-use project, which will provide 350 new apartment units atop ground-level retail.
Now that the slanted cantilever section above the podium is complete, structural work has begun on the main tower component for the 73-story 1000M residential building at 1000 S Michigan Avenue in South Loop. The developer team of JK Equities, Time Equities, and Oak Capitals have planned for 738 rental units in this most recent building iteration. As Chicago’s second tallest active construction project (behind the 850-foot-tall Salesforce Tower), the skyscraper will stand 788 feet upon completion.
Structural work has reached its full height for 3501 N Halsted Street, a five-story mixed-use building in Lakeview East. The new facility will serve as a hub for Howard Brown Health, an organization dedicated to providing comprehensive care and support for the LGBTQ community in Chicago.
Plans for a 12-story Old Town hotel known as “The Duke of Wells” have been brought back online. This week, the project at 1528 N Wells Street received its first official permit for foundation work to begin. With Condor Partners as the developer, the project will bring 203 new hotel rooms to the thoroughfare, already one of the city’s busiest restaurant and bar scenes. Construction was originally approved back in 2020, and will replace a currently empty lot that was previously the site of a since-demolished O’Brien’s restaurant.
Yesterday, YIMBY attended the groundbreaking ceremony for the newly dubbed “Cassidy on Canal,” a 33-story residential tower at 344 N Canal Street in Fulton River District. The Habitat Company and Diversified Real Estate Capital are behind the project, which will replace the former Cassidy Tire Building that was demolished this year. The development will yield a total of 343 units along with ground-level retail and 123 parking spaces.
