Final facade work is approaching the finish line for the condominium conversion of Chicago’s iconic Tribune Tower, located at 435 N Michigan Avenue along the southern end of Magnificent Mile. The 462-foot-tall neo-Gothic tower was purchased by CIM Group and Golub & Company in 2018 as the namesake Chicago Tribune newspaper moved its headquarters to One Prudential Plaza.
Facade progress is rapidly taking shape for 932 W Randolph Street, a redevelopment of a former three-story bank in West Loop‘s Fulton Market. The development involves the re-skin of the existing structure, and a new three-level connected addition that will take on the same design. L3 Capital is the developer behind the 35,000-square-foot project, whose programming will be entirely commercial. Recent reports have confirmed that a new showroom for the electric carmaker Rivian will occupy the building. Last year, L3 Capital received approval to convert the existing zoning designation of the property from C1-2 neighborhood commercial district to DX-5 mixed-use district.
Foundation permits have been issued for a new five-story residential building located at Lincoln Square‘s 2208 W Lawrence Avenue. Developed by Zivkovic Family Holdings LLC, the issued permit covers the first of two near-identical buildings adjacent to one another. This first building will include 10 total units, with the overall development set to house 20 units. Parking for the approved first structure includes four parking spaces on a rear concrete pad, and an additional three spaces within the building itself.
The two elevator and stair cores have now reached full height at Inspire West Town, hinting at the eight-story project’s future presence beside the Kennedy Expressway. Located at 1140 W Erie Street, the building is being developed by Bond Companies, and is set to include a mix of ground-level retail and 113 rental apartment units. A total of 23 affordable units will be provided under the affordable requirements ordinance, six of which will be on-site and the remaining 17 elsewhere in the vicinity.
Permits were issued recently for a new three-story residential building at West Town‘s 2612 W Chicago Avenue, currently occupied by a one-story commercial building. Gerard Coyle is the owner, whose project scope will include six total units, a rooftop deck, and a detached six-car garage with its own rooftop deck.
