Structural work on HUGO, LG Development‘s two-building project in River North, has now surpassed the third-floor mark. The development, comprising of two separate buildings at 751 N Hudson Avenue and 411 W Chicago Avenue, is expected to be completed in 2023.
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.
Yesterday, developer VISTA Property Group and its general contractor, Skender, broke ground on a new mixed-use high rise at 741 N Wells Street in River North. The 21-story, 201,000-square-foot development will yield a total of 168 apartment units. Located prominently at the corner of Chicago Avenue and Wells Street, 741 N Wells is one of the latest developments adding to the neighborhood’s recent uptick in construction.
The redeveloped Morton Salt warehouse complex has opened to the public along the Chicago River’s North Branch corridor. The new office and entertainment complex within the shell of the former factory in West Town is a project by a development partnership between R2 Companies, Blue Star Properties, and Skydeck.
Under the new name “Cadence,” metal paneling is now being installed for the 11-story apartment building at 2050 W Ogden Avenue in the Illinois Medical District. The mixed-use development will include nearly 10,000 square feet of ground-floor commercial space, as well as 161 apartments on the upper floors. The residences will range from studios up to two-bedroom apartments.
