Structural work has surpassed the 25th floor at 300 N Michigan Avenue, a 47-floor mixed-use tower rising in the northeast corner of The Loop. The 400,000-square-foot project is being co-developed by Sterling Bay and Magellan Development Group, whose plans include 25,000 square feet of retail on the first three floors, a 280-key citizenM hotel on floors six through 15, and 289 apartments spanning floors 17 through 45.
Construction has topped out at six floors for University of Illinois’ Outpatient Surgery Center & Specialty Clinics, located in the Illinois Medical District.
Structural work has reached the third floor of 1039-41 W Belmont Avenue, a four-story mixed-use building currently underway in Lake View. Cumin Restaurant is the occupying owner, filed under the name Kathmandu Properties in the original construction permit. The new structure will replace a former two-story masonry building that received demolition permits in May 2019.
Construction has topped out for 609 W Randolph Street, a 15-story mixed-use development near the heart of West Loop Gate. Planned by Vista Property Group and spanning over 100,000 feet, the 211-foot-tall tower is set to house 1,770 square feet of ground-level retail and office use on the remaining 14 floors. The base of the project will also restore and integrate a late 19th-century masonry building, while the new construction will replace a former parking lot.
Caisson work has kicked off for The Reed, a 41-story residential tower along the river in South Loop. Situated at 234 W Polk Street, the 447-foot-tall structure serves as the second phase of a larger five-building development by Lendlease known as Southbank. This masterplan was formerly occupied by a large grass parcel that had long been vacant. Underneath this land were a series of freight tunnels that have undergone a sealing process over the past few months, thereby allowing The Reed to proceed.
