This past week, plans were disclosed for a new eight-story mixed-use building proposed for 629 W Lake Street in West Loop Gate. The project will be located at the corner of Lake & Desplaines, and will replace the Fast Track restaurant that currently occupies the site. Based on information provided by the office of Alderman Reilly, the developer behind the proposal has not yet been mentioned.
The Chicago City Council has approved a new mixed-use development at 1245 W Fulton Market Street in the West Loop. Located near the intersection with N Elizabeth Street, the project comes to us from developer Sterling Bay with the design being led by West Loop local firm Harthshorne Plunkard Architecture. The approval green-lights the building to rise in the fast-growing neighborhood where some have called for a slowdown on new developments.
Updated renderings have been revealed for a mixed-use development at 630 S Wabash Avenue in the South Loop. The project which was revealed late 2021 is located just south of the intersection with E Harrison Street replacing a vacant lot with a new high-rise. Leading the concept are developing partners Melrose Ascension Capital and DAC Developments who are working with local architecture firm Antunovich Associates on the tower’s design.
Demolition work can be seen at the site of the former Sears department store, situated at 4712 W Irving Park Road in Portage Park. Under development by Novak Construction, this initial work will clear the way for a mixed-use transformation. Estimated to cost $90 million, this massive undertaking is another piece of a broader effort to enliven the six corners commercial node. Just across the street, work is progressing rapidly for a 10-story senior living and retail development known as Clarendale Six Corners.
This week, North Wells Capital secured an $88 million lease for a planned 16-story retail and office building at 311 W Huron Street in River North. The anchor tenant, a market research company known as Spins, will occupy 48,000 square feet along the top three floors.