Construction Update

Alcove Wicker Park

Exterior Work Nears Completion for Townhomes at Alcove Wicker Park

Work is wrapping up on the townhome facades at Alcove Wicker Park, a 55-unit residential development situated at 1648 W Division Street in Wicker Park, just west of Polish Triangle. Planned by Vermillion Development, the 12 connected townhomes will follow the first-phase completion of a seven-story, 43-unit condominium tower. Both buildings are oriented around a central courtyard and nestled in the center of a triangular block formed by Division and Milwaukee.

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Elm 551 at Parkside

Construction Nears Completion for Elm 551 at Parkside in Near North Side

Construction is wrapping up for a mixed-income residential project known as Elm 551 at Parkside, located at 551 W Elm Street in Near North Side. Holsten Real Estate Development Corporation is behind the project, whose plans include a seven-story mid-rise and a pair of low-rise walk-up buildings. The site was previously occupied by a vacant grass lot that once formed part of the now demolished Cabrini Green homes. The undertaking is the latest phase of a larger development scheme known as Parkside of Old Town.

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The Reed (234 W Polk Street)

Prep Work Progresses for The Reed Tower at Southbank in South Loop

Photos show fencing and equipment in preparation for a new residential tower at 234 W Polk Street in South Loop. Known as The Reed, the tower will mark the next stage of a larger megadevelopment called Southbank. While the current prep work for The Reed is taking place further north from where its actual footprint will be, the work is still a critical first step for the development’s construction. Permits posted on-site show that Lendlease is sealing off old freight tunnels that run underneath the Southbank property, thereby allowing for foundation work to proceed on the tower site.

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