Funding has been secured for the redevelopment of Hotel Florence at 11111 South Forrestville Avenue, located in the heart of Pullman National Historic Park. The historic structure stands on the corner of East 111th Street, across from the visitor center and museum. Plans to revive the hotel have been in the works for years, finally moving forward late last year.
Plans have been revealed for a new mixed-use development at 526 North Western Avenue within Smith Park. The proposal would replace a small commercial building near the intersection with West Grand Avenue, just southwest of Ukrainian Village. The small bow-truss structure most recently housed a migrant shelter until its closure in 2024.
Funding has been fully secured for the ongoing mixed-use development at 1010 South Wells Street in the South Loop. The upcoming tower is the first building of the long-planned Riverline development led by CMK Properties, with construction already having gone vertical in recent weeks. The team has now closed on a loan to complete the structure.
Plans have been revealed for the residential conversion of the mixed-use building at 212 East Ohio Street in Streeterville. Located mid-block between North St. Clair Street to the west and North Fairbanks Court to the east, the small building contains a restaurant on the ground floor as well as office space on the upper floors, which currently has a high vacancy rate.
Initial details have been revealed for the potential hotel conversion of the Burnham Center at 111 West Washington Street in The Loop. Located on the corner of West Washington Street and across from Daley Plaza, the historic landmark dates back to 1913 and currently serves as an office building with a 23 percent occupancy rate.
