Final facade work is approaching the finish line for the condominium conversion of Chicago’s iconic Tribune Tower, located at 435 N Michigan Avenue along the southern end of Magnificent Mile. The 462-foot-tall neo-Gothic tower was purchased by CIM Group and Golub & Company in 2018 as the namesake Chicago Tribune newspaper moved its headquarters to One Prudential Plaza.
Facade progress is rapidly taking shape for 932 W Randolph Street, a redevelopment of a former three-story bank in West Loop‘s Fulton Market. The development involves the re-skin of the existing structure, and a new three-level connected addition that will take on the same design. L3 Capital is the developer behind the 35,000-square-foot project, whose programming will be entirely commercial. Recent reports have confirmed that a new showroom for the electric carmaker Rivian will occupy the building. Last year, L3 Capital received approval to convert the existing zoning designation of the property from C1-2 neighborhood commercial district to DX-5 mixed-use district.
Terrain and landscaping work is taking shape at the foot of New Eastside‘s 83-story Aon Center, where the owner 601W Companies has planned for a major overhaul of the existing plaza and entry area. Located at 200 E Randolph Street, the nearly $7 million undertaking aims to provide a new public space that will serve as a gateway to the 1,136-foot tower, while acting as an extension of the adjacent Grant Park.
Renovation permits were recently issued for an existing four-story masonry building at 1723 N Honore Street in Wicker Park. As of now, the property is laid out so that four units are in the main building, while the rear coach house houses an additional unit.
Both interior and exterior work is currently underway for the adaptive reuse of the 13-story Bridgeview Bank Building, located at 4753 N Broadway Avenue in Uptown. Previously known as the Sheridan Bank and Trust Building, the classically-styled structure was initially built at eight stories in 1925 before four additional floors were constructed in 1928. In 2007, the structure received landmark designation, before it was bought by Cedar St. Companies for $19 million in 2019.
