A new residential development at 1021 W Polk Street in Little Italy has reached its full three-story height. The construction process began last year after the pre-existing two-story brick building on the lot was demolished.
A foundation permit has been issued for the planned 150 E Ontario Street, kicking off the first high rise to be built in Streeterville in several years. Filling in a long-vacant patch of land within an otherwise dense downtown segment, the new construction will be a 28-story hotel for the Spanish hotel chain RIU Hotels and Resorts. The Prime Group is the developer for this proposal, having also contributed $2.9 million to the Neighborhood Opportunity Fund alongside the project.
The basement level of the University of Illinois Chicago’s new computer science building can be seen taking shape at 900 W Taylor Street in Little Italy. The five-story structure, known as the Computer Design Research and Learning Center, will attach to UIC’s existing Science and Engineering Labs building while adding 135,000 square feet of new programming.
As excavation work wraps up for the new 12-story apartment building at 140 N Ashland Avenue in Near West Side, Marquette Companies is preparing to begin construction on the new mixed-use development. The new building will be integrated with a 1920s-era five-story masonry building directly south, yielding a total of 210 apartments atop ground-level retail. The development will yield at a minimum 10 percent on-site affordable units, with a remaining five percent either on site or off site.
This week, YIMBY toured the newly opened Optima Lakeview apartments in Lakeview East. The seven-story mixed-use building, situated at 3460 N Broadway, replaces a former Treasure Island Foods grocery store and parking lot. The project was spearheaded by Optima, a design-driven real estate development firm based in Chicago. The developer has delivered numerous other projects in the city, including Streeterville’s Optima Signature and Optima Center, as well as in Arizona.
