After nearly a year following the initial foundation permit, a tower crane permit has been issued for an 18-story residential high-rise developed at 633 S LaSalle Street in The Loop. Developed by London-based firm, The Collective, this 162,000 square-foot, co-living project will comprise of 117 shared apartment units, collectively made up of 381 individual bedrooms.
A new permit has been issued for the construction of a three-story, three-unit residential building at 1457 W Roscoe Street in the Lake View neighborhood. Developed by 1457 W Roscoe LLC, the masonry building will feature a roof deck, an access staircase, and three off-street parking spaces accessible via the public alley.
A new residential development is in the proposal phase for 1225 S Indiana Avenue in South Loop. The privately-funded project, dubbed Parkway Residences, will replace a vacant grass lot with a five-story building containing 100 for-rent dwelling units. In collaboration with unknown developer, 2RZ Architecture has envisioned the low-rise structure to include landscaped terraces, a club room, a fitness room, a sprawling rooftop terrace, and an accompanying public park. The heavily landscaped grounds have been conceived by the landscape architecture firm Blue Stem Design.
An anticipated groundbreaking date has been announced for the first phase of the Bronzeville Lakefront megadevelopment in Bronzeville. Located on the massive former Michael Reese Hospital site, the multi-phase project is the first in the nation to have a 50 percent Black development team. That team is operating under the name GRIT Chicago LLC and comprises Farpoint Development, Loop Capital, Draper & Kramer, Chicago Neighborhood Initiatives, McLaurin Development and the Bronzeville Community Development Partnership.
The Chicago Plan Commission has approved the mixed-use development at 1549 N Fremont Street in the Near North Side. Located just south of the intersection with W North Avenue, the currently vacant lot is surrounded by the multi-story Toyota dealership on its two non-street facing sides. Pitched by the previous developer as an Aloft Hotel, the new team from City Pads Chicago is working with local firm NORR Architects on the low-rise building for the 145- by 184-foot site.
