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.
Construction is now on the 15th floor of 300 N Michigan Avenue, a 47-story mixed-use skyscraper near the northeast corner of The Loop. Sterling Bay and Magellan Development Group have co-planned the 523-foot-tall tower, which will hold 25,000 square feet of retail, a 280-room citizenM hotel, and 289 apartments on the upper floors when complete.
Construction is ascending rapidly for 300 N Michigan Avenue, a 47-story mixed-use tower located in the northeast corner of The Loop. Co-developed by Magellan Development Group and Sterling Bay, the 523-foot-tall skyscraper is set set to house a mix of 25,000 square feet of retail, a 280-key citizenM hotel, and 289 residential units above.
The residential complex known as Elm 551 is nearing exterior completion at 551 W Elm Street in Near North Side. Developed by Holsten Real Estate, the project comprises of a seven-story residential building, as well as a pair of three-story townhome buildings. The mixed-income development will house 102 units and is part of a larger redevelopment scheme known as Parkside of Old Town.
Construction has risen above street level at 300 N Michigan Avenue, located in The Loop. Planned to rise 523 feet, the tower will stand 47 stories above the intersection of N Michigan Avenue and E Wacker Place. The development is a result of the collaboration by Magellan Development Group and Sterling Bay.