The Loop’s LaSalle Street is set to undergo a significant transformation, with the city announcing three winning proposals as part of the LaSalle Reimagined initiative. These mixed-use makeovers will receive $188 million in tax-increment financing (TIF) dollars and will add 1,059 apartments to the financial district, with 317 of them being affordable.
Renderings have been revealed for the proposed skybridge and partial medical conversion of the hotel at 633 N Saint Clair Street in Streeterville. Located on the southeast corner with E Erie Street, the existing 29-story tower is split between a hotel and office space above. Northwestern Memorial Healthcare (NMHC) is behind the plans as it looks to expand its footprint in the neighborhood, with Gensler serving as the architect for the project.
Final construction progress is closing in for a mixed-use building being developed by Cedar Street Companies at 4600 Kenmore Avenue in Uptown. The five-story building is set to house 2,500 square feet of retail space on the ground floor and 62 rental apartments situated above. The unit sizes will range from studios to two-bedroom apartments. Specifically to the fifth level, a portion of the units will also possess their own private terrace space intermingled with a green roof.
Mayor Lori Lightfoot has announced the winner of the recent East Garfield Park Request For Qualifications (RFQ). The multi-site proposal is centered around the intersection of W Lake Street and N Kedzie Avenue, with this first phase replacing a 50-year-old vacant lot located at 132 N Kedzie Avenue. The city selected Hub 32 as the winning proposal led by the Michaels Organization, KMW Communities, and TruDelta Real Estate.
Structural work is well underway, with the elevator core reaching its full height at the new commercial development at 151 N Michigan Avenue in New Eastside. BJB Partners has been steadily progressing in the construction of this project, which will replace a former single-story restaurant and offer a total of 15,000 square feet of commercial space. The ground floor is set to include 5,300 square feet of retail space, divided into two or three commercial units based on demand.
