Final facade work is underway for a nine-story mixed-use building known as “Platform 4611”, located at 4611 N Broadway in Uptown. The 103-foot-tall project is being developed by John Buck Company and Free Market Ventures, who have planned for 12,000 square feet of retail and 200 rental apartments above.
Developer Sterling Bay and partnering private equity firm Ascentris have broken ground on a 28-story mixed-use tower, situated at 225 N Elizabeth Street (formerly addressed as 1245 W Fulton) in West Loop’s Fulton Market District. Plans for this 314-foot-tall edifice include 350 residential apartments atop first-floor retail. Unit sizes will be split into 66 studios, 46 convertibles, 140 one-bedroom, 92 two-bedroom, and six three-bedroom floor plans. To meet the 20 percent affordability requirement under the latest ARO guidelines, the development will have 70 on-site units for residents making up to 60 percent of the area median income (AMI). These units will be distributed as 13 studios, nine convertibles, 28 one-bedrooms, 19 two-bedrooms, and one three-bedroom.
This week, YIMBY stopped by the rising core at 1000M, currently Chicago’s fourth tallest construction project. Located at 1000 S Michigan Avenue just across from Grant Park, this 788-foot-tall, 73-story residential tower is set to house a total of 738 rental units. The developer trio of JK Equities, Time Equities, and Oak Capitals had originally planned 506 condominiums, but ultimately pivoted due to the city’s booming apartment market. The skyscraper resumed construction following a nearly two-year hiatus and a $304.5 million loan from Goldman Sachs and Deutsche Bank.
A nine-story mixed-use development, known as Platform 4611, can be seen approaching full height at 4611 N Broadway in Uptown. Co-developed by John Buck Company and Free Market Ventures, this 103-foot project stands at the intersection of Broadway & Wilson. Planned programming includes 12,000 square feet of first-floor retail, split into units between 1,628 and 2,178 square feet. Atop this mercantile component will be 200 for-rent apartment dwellings, ranging from single-bedroom up to three-bedroom residences.
Initial caissons permits were issued last week for Howard Brown Health Clinic which will be located at 3501 N Halsted Street in Lake View’s Boystown neighborhood. As we have previously reported, this five-story mixed-use structure will comprise 7,600 square feet of ground-level retail, two floors of clinic space, and three floors of Howard Brown administrative office space on the remaining levels.
