Commercial


Landmark Tax Incentives Approved For Restaurant Redevelopment In River North

Tax incentives have been approved by the Commission on Chicago Landmarks for the redevelopment of the LaSalle Street Cable Car Powerhouse at 500 N LaSalle Drive in River North. Located on the northwest corner with W Illinois Street adjacent to the recently completed 448 N LaSalle office building, the structure will once again become a restaurant from an overseas operator. London-based Hawksmoor will convert the space into a new steakhouse with an undisclosed designer.

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1323 S Ashland Avenue

Permit Issued for 1323 S Ashland Avenue in Little Italy

An initial foundation and basement permit has been issued for a new commercial development located at 1323 S Ashland Avenue in Little Italy. The project will include a six-story commercial building with office space, retail, and a rooftop garden, occupying 48,000 square feet in total. The site is owned under development by 4S Bay Partners, having previously been occupied by the St. Stephenson Missionary Baptist Church. According to an article by Block Club Chicago, the office spaces will be oriented towards community service and nonprofit organizations.
An initial foundation and basement permit has been issued for a new commercial development located at 1323 S Ashland Avenue in Little Italy. The project will include a six-story commercial building with office space, retail, and a rooftop garden, occupying 48,000 square feet in total. The site is owned under development by 4S Bay Partners, having previously been occupied by the St. Stephenson Missionary Baptist Church. According to an article by Block Club Chicago, the office spaces will be oriented towards community service and nonprofit organizations.

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151 N Michigan Avenue

Structural Work Fills Out for 151 N Michigan in New Eastside

Steel beam installation is wrapping up for a three-story commercial building at 151 N Michigan Avenue in New Eastside. This mixed-use development will be a direct expansion of the Millennium Park Plaza apartment building located adjacently north. The 74-foot-tall structure, developed by BJB Partners, will activate a previously under-utilized corner at Michigan & Randolph that was a single-story restaurant venue.

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