Final cladding is wrapping up for a new 30-story apartment building at 1400 S Wabash Avenue in South Loop. CMK Companies, the developer behind the project, has announced that the tower has reached its full height of 350 feet, bringing 350 new residences to the area.
The superstructure has reached its full 350-foot height for 1400 S Wabash Avenue in South Loop, where CMK Companies is developing a 30-story apartment tower. Replacing a long-vacant former parking lot, the tower will help bolster the outer edge of South Loop’s skyline while adding 350 new residences to the area. There will also be a retail component with storefront along Wabash Avenue. The residential lobby, meanwhile, will be located around the corner along a new driveway extending off of 14th street.
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.
