Work has wrapped up for a five-story mixed-use project known as “The Balaban” located at 4806 N Magnolia Avenue in Uptown. Developed by JAB Real Estate, the project is located directly west of The Uptown Theater and has replaced a former parking lot.
Exterior work continues around the hotel portion of the partially-complete St. Regis Chicago (formerly Vista Tower), a 101-story mixed-use skyscraper in Lakeshore East. Rising 1,191 feet at 375 E Wacker Drive, this supertall tower now ranks as Chicago’s third tallest building. Developed by Magellan Group, the tower will house a 191-key hotel on the first 11 floors, while the remaining floors will comprise of 393 condominiums. St. Regis Hotel and Resorts, a subsidiary of Marriott International, manages both the hotel and residential portion.
The Chicago City Council has approved a mixed-use development at 1838 N Elston Avenue in Bucktown. Located on a midblock site, the property is bounded by a one-story commercial building to the north, N Elston Avenue to the east, a two-story commercial structure to the south, and N Besly Court to the west. The Lincoln Yards development is located across the street to the east, while the Kennedy Expressway is nearby to the west. The property currently holds a one-story commercial building. JAB Real Estate is the developer behind the proposal.
Construction permits have been issued for 18 adjacent three-story townhomes, divided between three buildings at 3122, 3124, and 3126 S Benson Street in Bridgeport. Bensen Place LLC is the filing owner of the homes, which will line a cul-de-sac driveway off of S Benson Street. Each 2,000-square-foot home will come with three bedrooms, a two-car garage on the first floor, and a rooftop terrace. Both the driveway and the homes will replace a previously vacant lot.
Remaining brickwork is currently underway for Wrigleyville Lofts, located at 949 W Dakin Street in Lake View. Developed by Draper & Kramer, the seven-story mixed-use project will house 13,000 square feet of retail, partitioned into four available units ranging from 1,400 to 2,500 square feet. The fifth and largest unit will be a nearly 6,000-square-foot Ace Hardware, which previously occupied the one-story building located on the property.
