A land purchase has been executed for the mixed-use development at 424 S Wabash Avenue in the South Loop. With a mid-block location between E Van Buren Street and E Congress Parkway, the future structure will replace a vacant lot most commonly used as a surface parking lot for the surrounding businesses. The team at DAC Developments, which is being led by Adam Rezko, is working with local firm Pappageorge Haymes on its design.
An initial foundation permit has been issued for 1217 W Washington Boulevard in West Loop, where DAC Developments has planned for a new 19-story mixed-use tower. Located between two adjacent historic buildings, the site is currently a vacant lot that overlooks the intersection of W. Washington Blvd and N. Willard Ct. DAC Developments is collaborating with Melrose Ascension Capital on the project.
Coming in at the fifth place in this year’s countdown is the residential development at 354 N Union Avenue in the Fulton River District. Contrary to its address the main entrance is reached off of N Halsted Street just south of the overpass with W Kinzie Street, having replaced an empty lot adjacent to the K2 residential tower easily seen from the highway nearby. Canadian developer Onni Group is leading the project with local architecture firm Pappageorge Haymes having worked on its design.
Facade work continues on this year’s 10th tallest development at 1400 S Wabash Avenue in the South Loop. The mixed-use building has topped out and its facade continues to rise at the intersection with E 14th Street. The rear of the structure abuts up to the CTA Green Line tracks, continuing to create an urban canyon for the train tracks. Chicago-based CMK Companies, who also developed the nearby Imprint tower, is leading the project and Pappageorge Haymes is responsible for the design.
With construction nearly complete, work is wrapping up for a nine-story mixed-use development known as “Platform 4611” in Uptown. The 103-foot-high edifice, located at 4611 N Broadway, is jointly being developed by John Buck Company and Free Market Ventures. The project will feature 200 rental apartments and 12,000 square feet of retail space on the bottom level.
