Retail

Tribune Tower conversion

Tribune Tower Conversion Approaching Finish Line along Magnificent Mile

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.

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932 W Randolph Street

Facade Takes Shape at 932 W Randolph Street in Fulton Market

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.

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Inspire West Town

Inspire West Town’s Core Reaches Full Height at 1140 W Erie Street

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.

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