Final facade touches have wrapped up for a new five-story mixed-use building at 1020 W Randolph Street in Fulton Market. Within the he developer, L3 Capital, is ground-floor retail and Class A office space above, as well as a 2,500-square-foot rooftop deck.
Now at the 20th floor mark, 225 N Elizabeth Street is steadily approaching its final height of 28 stories in the Fulton Market District. This mixed-use project is already making a significant impact on the cityscape as one of the pioneering new towers in the area. It is part of a transformative wave that will turn the low-rise industrial meatpacking district into a mixed-use urban center with a density comparable to that of Streeterville. The project, a collaboration between Sterling Bay and Ascentris, is taking shape on the site of a former parking lot at the intersection of Fulton Street and Elizabeth Street.
The third building at the North Union mega development at 232 W Chestnut Street in the Near North Side continues to undergo foundation work. Situated at the intersection with N Franklin Street, the five-story mass-timber structure is being developed by JDL is designed by Hartshorne Plunkard Architecture. The programming will comprise of a total of 23 residential units.
Structural work has passed the seventh floor for the 27-story 868 N Wells Street in Near North Side, replacing a former low-rise brick building that was demolished last year. The developer of this mixed-use high rise is JDL, who has planned for 411 units and 12,000 square feet of retail. This tower is the second addition (after the adjacent 920 N Wells) to their North Union megadevelopment, a sprawling $1.3 billion master plan that will ultimately occupy 2.9 million square feet of space. The larger North Union assemblage will feature skyscrapers measuring up to approximately 700 feet in height while providing a total of 2,656 residences, extensive commercial and retail options, and 100,000 square feet of public areas.
An updated construction timeline has been revealed for the Lincoln Yards mega development near Goose Island. With work completed on the initial phase of Ally at 1229 W Concord Place, developer Sterling Bay presented their updated phasing plan closer to what was revealed in 2021 during a recent community meeting. The next round of construction will also be phased out and with structures designed by various firms and plenty of new outdoor space.
