A full construction permit has been issued for 311 W Huron Street, paving the way for a new 15-story mixed-use building in River North. Under development by North Wells Capital, the primarily office high rise will serve as the second phase in the developer’s “Verso” assemblage. Earlier this spring, the market research company Spins signed an anchor tenant lease for 48,000 square feet within the top three office floors.
Construction is set to begin in early June for a 16-story commercial building at 311 W Huron Street in River North. This retail and office building has been planned by North Wells Capital. This past February, the developer secured an $88 million lease with the anchor tenant Spins, who will occupy 48,000 square feet within the top three floors. The 226-foot-tall edifice will replace a former parking lot just west of the elevated CTA L tracks.
Foundation permits were issued this past Wednesday for a new two-story community center at 1841 N Laramie Avenue in North Austin. The currently vacant site was sold for $2 million by the city, which was approved by City Council in September of last year.