Progress continues at a steady pace at the 150 E Ontario Street hotel project in Streeterville, as construction is currently wrapping up on the third level. The 28-story, 345-foot-tall structure is set to become the latest addition to the RIU Hotels and Resorts chain, hosting 388 guest rooms and a cafe at the southeast corner of the ground floor. The Prime Group is spearheading the project as developer.
The Chicago City Council has approved the mixed-use development at 1016 W Jackson Boulevard in the West Loop. Located on the intersection with S Morgan Street just southwest of Mary Bartelme Park, the new high-rise will replace a relatively young existing office building which was built 10-years ago. Now Mavrek Development is hoping to demolish the structure for the new BKV Group designed plan, with an additional lot across the alley for which no plans have been announced for.
L3 Capital has recently secured a permit to build a two-story mixed-use property at 1043 N Rush Street in the Near North Side neighborhood. The upcoming project will be located between E Bellevue Place and E Cedar Street, taking the place of the present two-story structure that is home to Carmine’s.
Updated plans have been revealed for the mixed-use development at 4640 N Western Avenue in Lincoln Square. The nearly block-long site is bound by W Eastwood Avenue to the south and the CTA Brown Line tracks to the north, with the new proposal replacing four existing structures and a previously approved plan from 2021. Now the current owner and developer under the name 4640 Western LLC is working with local firm Hirsch MPG on the new design with increased density.
Since YIMBY’s last update, North Wells Capital’s 16-story mixed-use tower has topped out in River North. Located at 311 W Huron Street, the tower now stands 226 feet tall and house programming for both retail and office. North Wells Capital has already secured Spins as the anchor tenant to occupy the highest four office floors at an $88 million lease.
