Commercial

Two Historical Buildings Sold In River North

New information has been revealed on the sale of two historical structures at 29 E Ohio Street and 619 N Wabash Avenue in River North. Located on opposite corners of each other and across the street from the upcoming temporary Bally’s Casino, the buildings hold Chicago staples of Pizzeria Uno and Due. Previous CEO of the chain Aaron Spencer approved the sale of the buildings to the Texas-based investment firm Newport Global Advisors, who also fully purchased Uno’s in 2017.

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311 W Huron Street. Rendering by NORR Architects

311 W Huron Street Continues Site Prep in River North

Initial caisson and foundation preparation can be seen for a 16-story commercial building at 311 W Huron Street in River North. This upcoming retail and office building, planned by North Wells Capital, had scored $88 million lease with the major tenant Spins earlier this year, jumpstarting the now-underway project. The company will take up occupancy in the top three floors of the 226-foot-tall building. The edifice is replacing a former parking lot just west of the elevated Chicago Transit Authority L tracks. Since the last update, a tower crane permit has also been issued, adding to a new pocket of cranes in the northwest corner of River North once it’s installed in the coming weeks.

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311 W Huron Street. Rendering by NORR Architects

311 W Huron Preps for Imminent Groundbreaking in River North

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.

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Sister Cities: A Look At Detroit’s Newest Skyline-Defining Hudson’s Site Skyscraper

Chicago YIMBY is putting the spotlight on significant developments in surrounding Midwestern cities in a new series of articles called Sister Cities. Today we are covering the new renderings released for the massive mixed-use Hudson’s Site development at 1208 Woodward Avenue in downtown Detroit. Located on the intersection with Grand River Avenue across the street from Detroit-native watchmaker Shinola’s Hotel, the new tower will become the city’s second tallest building behind the famed Renaissance Center. Local developer Bedrock Detroit is working along side of New York-based SHoP Architects on the design of the game-changing skyscraper.

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