A demolition permit was issued Friday for a one-story commercial building at 424 South Wabash Avenue in The Loop. And it looks like that means a long-awaited hotel project is about ready to get started on the site.
Breaking into the ninth place on 2023’s year-end countdown in the mixed-use development at 424 S Wabash Avenue in the South Loop. Located on the corner of E Van Buren Street and S Wasbash Avenue, the project is expected to break ground soon as it received its initial permits earlier this month. The development is being led by DAC Developments with The Sonder Group, partnering with Chicago-based Pappageorge Haymes Partners on its design.
Initial permits have been issued for the mixed-use development at 424 S Wabash Avenue in the South Loop. Located just south of the intersection with E Van Buren Street, the new tower would replace a vacant lot most commonly used as a surface parking lot for the surrounding businesses. The team at DAC Developments is leading the project under the direction of Adam Rezko, with local firm Pappageorge Haymes working on its design.
Today, YIMBY takes a look at the newly completed mixed-use high rise at 808 N Cleveland Avenue in Near North Side. Dubbed “The 808 Cleveland,” the 22-story building offers 28,000 square feet of retail and office space along with 200 apartments that are leased and managed by Common. DAC Developments is behind this project, which spans a total of 281,256 square feet and had a development cost of $105 million, according to their website.
A land purchase has been executed for the mixed-use development at 424 S Wabash Avenue in the South Loop. With a mid-block location between E Van Buren Street and E Congress Parkway, the future structure will replace a vacant lot most commonly used as a surface parking lot for the surrounding businesses. The team at DAC Developments, which is being led by Adam Rezko, is working with local firm Pappageorge Haymes on its design.
