Construction is now fully underway for 150 E Ontario Street, the site of what will be a 28-story hotel. The Streeterville project is one of the first major high rises in years to be built in the district, whose development heyday occupied much of the 2000s and 2010s.
A foundation permit has been issued for the planned 150 E Ontario Street, kicking off the first high rise to be built in Streeterville in several years. Filling in a long-vacant patch of land within an otherwise dense downtown segment, the new construction will be a 28-story hotel for the Spanish hotel chain RIU Hotels and Resorts. The Prime Group is the developer for this proposal, having also contributed $2.9 million to the Neighborhood Opportunity Fund alongside the project.
Initial details have been revealed for a new mixed-use development at 535 N St. Clair Street in Streeterville. Located on the northeast corner with E Grand Avenue, the new structure will replace a three-story 255-space parking garage adjacent to some low-rise commercial and mid-rise residential buildings. Developer Mavrek Development is working with local architecture firm NORR on the design of the mid-rise that will bring new life to an often overlooked intersection.
A potential groundbreaking date has been revealed for the residential towers at 400 N Lake Shore Drive in Streeterville. Located on the long vacant site of the failed Chicago Spire development, the two new towers would partially utilize the foundation hole left by the Spire and provide a cap to the Ogden Slip. Developer Related Midwest who is also behind The 78 near the South Loop is working with globally famous skyscraper firm Skidmore Owings & Merrill on the design, the firm responsible for a number of Chicago’s major skyscrapers.
At the southwest corner of Streeterville, facade scaffolding can be seen directly north of Tribune Tower at 160 E Illinois Street. Originally built in 2007 at 26 stories, the building known as “Avenue East” contains a total of 130 condominium units. The edifice offers a postmodern aesthetic with a mix of metal paneling, concrete, and glass.
