Office

LaSalle Street Office Conversion Plans Advance for Four Developments

On Wednesday, April 3rd, Mayor Brandon Johnson announced the selection of four developments for the LaSalle Street Reimagined initiative. These projects aim to rejuvenate the area by brining residents into the corridor after pandemic vacancies, utilizing $151.2 million in tax-increment financing funds. The office-to-residential developments will repurpose underused office buildings and adding over 1,000 new residential units, including at least 319 affordable units. Pending approval by the City Council, completion is slated for 2027 as reported by WTTW News.

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167 N Racine Avenue Proceeds With Rezoning In West Loop

The mixed-use development at 167 N Racine Avenue in the West Loop is officially moving forward as the developers have filed a zoning application. Located between W Randolph Street to the south and W Lake Street to the north, the proposal includes two existing buildings and was announced earlier this year. The project itself is being led by two brothers under the name 167 Racine LLC, with SPACE Architects + Planners serving as the designers.

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