Structural work has reached the ninth floor at 920 N Wells Street, a 21-story mixed-use building in Near North Side. Developed by JDL, who recently completed the nearby One Chicago, this new edifice is the first piece of a much larger $1.3 billion plan known as North Union. The four-year plan will span across several blocks of land formerly owned by the Moody Bible Institute.
Demolition and site clearing work is now underway for a 25-story mixed-use tower at 868 N Wells Street, the second building in the broader “North Union” scheme set to transform the north end of Chicago’s skyline. The tower will yield 428 rental units atop 12,000 square feet of retail. Currently underway the sibling tower at 920 N Wells Street is making significant construction progress, with much of the first floor’s superstructure now taking shape. This slightly shorter building will stand 18 stories and offer 10,000 square feet of retail and 228 apartments.
The tower crane has now been installed for 920 N Wells Street in Near North Side, where Chicago-based developer JDL has planned an 18-story mixed-use building. This structure is the first stepping stone in a massive new development known as North Union, occupying 8.1 acres on property formerly owned by the Moody Bible Institute. Bolstered by JDL’s partnership with Square Mile Capital and Intercontinental Real Estate, North Union will provide six million square feet of new floor space (equivalent to roughly 1.5 Willis Towers), 2,656 residential units, a wide range of commercial spaces, and over 100,000 square feet of public areas. With its tallest tower approaching 700 feet, the $1.3 billion scheme will shift the northern skyline’s center of gravity further west.
Updated details have been revealed for the North Union megadevelopment in the Near North Side. The 8.1-acre site is bound by the CTA Brown Line tracks to the west, W Hill Street to the north, N Wells Street to the east, and W Chestnut Street to the south. It was previously a part of the Moody Bible Institute’s campus, whose parent church’s auditorium is also part of the upcoming Fern Hill Old Town redevelopment. Developer JDL, also responsible for the recently completed One Chicago project, is leading the North Union proposal and working with local firm Hartshorne Plunkard Architecture on design.
Caisson drills and other equipment can be seen at the site of 920 N Wells Street, which will give way to a new 19-story residential building in Near North Side. This new edifice will be the first step in a $1.3 billion mega development known as North Union. This masterplan will deliver nearly three million square feet of mixed-use space, while adding 2,656 new residential units to the Downtown area.
