A new major lease has been announced for Fulton Labs at 400 N Aberdeen Street in Fulton Market. Sitting on the corner with N Ogden Avenue on the northern end of the neighborhood, the space will be utilized by the Illinois Institute of Technology (IIT) as part of a greater life sciences push in the city. The university itself is leading the efforts for their first off-campus research venture, designed by Perkins & Will.
The Reed at Southbank, a 41-story residential building located at 234 W Polk Street in South Loop, has opened. Lendlease developed this 447-foot tower, which forms part of the broader four-building project known as “Southbank.” The Southbank project was divided from the Riverline development planned by CMK to the south, and it also includes an extended Riverwalk and a central urban park.
A construction permit has been granted for a new mixed-use development located at 3155 W Fifth Avenue in East Garfield Park. The three-story mixed-use building, developed by Preservation of Affordable Housing Inc, is the first phase of a two-part plan that will replace a formerly vacant lot.
Facade installation is now wrapping up for The Reed at Southbank, a 41-story residential building located at 234 W Polk Street in South Loop. Developed by Lendlease, the 447-foot tower is part of the larger four-building masterplan known as “Southbank”, which was split off from CMK’s planned Riverline development to the south. The Southbank plans also include an extended Riverwalk and a small urban park at its center.
This week developer DL3 Realty, Mayor Lori Lightfoot, and other city officials celebrated the groundbreaking of Thrive Englewood Phase 1, a mixed-use development at 914 W 63rd Street in Englewood. Replacing a vacant grass lot by the intersection of 63rd & Halsted, the broader plan will contain two phased structures yielding 105 mixed-income residences and 2,400 square feet of retail.
