Demolition permits have been issued for a two-story masonry building situated at 720 W Washington Street in West Loop‘s Fulton Market District. The building occupies a portion of a larger development site that is owned by Related Midwest.
Chicago City Council has approved the Roosevelt Square Phase 3B Development located in the Near West Side. Located as part of the larger Roosevelt Square plan, the project is part of the redevelopment of the former CHA ABLA Homes. Spread across four parcels, the sites include 1002 Racine Avenue, 1257 W Roosevelt Road, 1357 W Roosevelt Road, and 925 S Ada Street. Related Midwest is the developer behind the entire plan, partnering with the Chicago Housing Authority.
Demolition permits have been issued for a one-story masonry building at 160 N Peoria Avenue in West Loop‘s Fulton Market district, clearing the way for a 43-story mixed-use tower planned by Tucker Development and Related Midwest. With an official address of 906 W Randolph Street, the 495-foot-tall edifice will be one of West Loop’s tallest structures. The project will yield a total of 300 apartments atop ground-level retail. Among these units, 60 will be affordable, double what is required under the Affordable Requirements Ordinance. The developers have also planned to contribute roughly $4.9 million to the neighborhood opportunity fund.
The approved two-tower development at 400 N Lake Shore Drive breaks into the top five in Chicago’s tallest developments countdown. Located on the former Chicago Spire site, the lot is bound by the Chicago River to the south and Lake Shore Drive to the east. Both the Zoning Committee and Chicago City Council have approved the updated plans for the project at 400 N Lake Shore Drive in Streeterville, allowing it to move forward. Related Midwest is developing 400 N Lake Shore Drive.
Infrastructure work is well underway for The 78, a 62-acre megadevelopment planned by Related Midwest for the South Loop area. Set to eventually house more than 13 million square feet of building space and cost $7 billion in total, the vast riverside project is being divided into separate phases, the first of which has been dubbed The 78 North.