Extended funding for the redevelopment of the remaining parcels of the former Cabrini-Green homes has been approved by the Community Development Commission in Near North Side. The first of the two separate vacant parcels just west of downtown, sits north on the corner of N Larrabee Street and N Clybourn Avenue, replacing the recently demolished Near North Career High School. The second parcel just south of the first sits on the northeast corner of W Division Street and N Halstead Street next to a Target that was developed on former housing property as well.
This week, an official groundbreaking ceremony was held for a new eight-story office building known as ALLY, located at 1229 W Concord Street along Chicago’s North Branch corridor. The building will serve as the first step in a much larger masterplan known as Lincoln Yards, set to transform the former industrial zone into a 21st century community.
Landmark Development has revealed further details for the first phase of its One Central mega-development, which will cap the rail tracks in the Near South Side. Although often considered the most ambitious of the current mega-projects proposed for the city, such as The 78 and Lincoln Yards, Landmark is pushing forward with the Gensler-designed complex despite recent worries that The Chicago Bears could depart from nearby Soldier Field. The first phase will come at a cost of $3.8 billion and is being dubbed as the ‘Civic Build’ phase of the project.
Developer Sterling Bay has released updated plans for its office development at 360 N Green Street in the West Loop. The Gensler designed building has received a significant height increase although its overall square footage remains largely unchanged. The changes come after a re-evaluation of the post-pandemic office market which is beginning to favor multiple smaller floors or singular boutique spaces over larger single floor layouts.
Demolition of the former Archer Daniels Midland Wheat Mill (ADM) is now complete, with a secondary twist seen on its grounds. The property, located at 1300 W Carroll Avenue in West Loop and owned by Sterling Bay, has now installed a sign with several clues that construction may be around the corner.