Since July’s update, foundation work has made extensive progress for Sterling Bay’s mixed-use development at 360 N Green Street in Fulton Market District. The planned 24-story tower will house 5,400 square feet of retail and Class A office space on the upper floors. At 399 feet in height, the project is set to replace a former vacant lot at the intersection of Green and Kinzie.
Next in our procession of unbuilt Chicago skyscrapers is the Waldorf-Astoria Hotel and Residence Tower, a 107-story supertall that would have been located along North Park Drive, less than a block from the river in Streeterville. Compared to existing Chicago structures, if built, the mixed-use project would have been the third tallest in the city with a 1,265-foot height. More broadly, if it were built at the time of its proposal in 2007, it would have been the seventh tallest in the world. The Prime Group in partnership with Fordham Co. had planned for a three-year construction timeline starting in 2009 and wrapping up in 2012.
New details have been revealed for the groundbreaking of the mixed-use development at 1245 W Fulton Market Street in the West Loop. Located on the intersection with N Elizabeth Street, the new structure replaces a group of empty lots and snakes around an existing art gallery that will remain. West Loop stalwarts Sterling Bay have teamed up with Colorado-based Ascentris, the same team as 160 N Morgan Street, to co-develop the property being designed by local firm Hartshorne Plunkard Architecture.
A foundation permit has been issued for the 33-story mixed-use 344 N Canal Street in Fulton River District. Formerly the site of the five-story Cassidy Tire building, the new 375-foot-tall structure by The Habitat Company and Diversified Real Estate Capital LLC will provide a total of 343 apartments atop ground-floor retail.
Construction is crossing the finish line for the for an 11-story mixed-use building at 345 N Morgan Street in Fulton Market District. This latest addition to West Loop‘s rapidly evolving development arena will provide a combination of ground-level retail topped by offices above. Despite its relatively low floor count, this development by Sterling Bay measures up to much of the other nearby projects at a height of 178 feet.
