Taking the second place in our 2023 countdown is the residential tower at 1000 S Michigan in the South Loop. Years in the making, 1000M as it is known, was originally proposed as a much taller stepped box design which was refined and shortened prior to its groundbreaking. The project is being developed by Time Equities, Inc., JK Equities, and Oak Capital, with Jahn/ Architecture working on the design.
Initial caisson permits have been approved for the mixed-use development at 193 N Columbus Drive in Lakeshore East. Located just north of the Blue Cross Blue Shield tower and commonly known as Parcel O, the project is finally moving forward after a multi-year delay. Led by developer Parcel O LLC, as a stand-in for Magellan Development Group, the proposal is being designed by local firm bKL Architecture whose offices are right next door.
Initial details have been revealed for the residential conversion of 201 E Delaware Place in Streeterville. Located on the corner with N Mies Van Der Rohe Way directly behind the John Hancock Center, the building was formerly the home of the Raffaello Hotel and most recently the Gale Hotel. The conversion is being proposed by a venture led by Florida-based Pebb Capital.
The Chicago City Council has approved the rezoning for mixed-use redevelopment of 167 N Racine Avenue in the West Loop. Sitting mid-block between W Randolph Street and W Lake Street, the project will add two floors to the existing structures with added residential. The proposal is being led by Marduk Management with SPACE Architects + Planners working on the design.
Climbing into the 13th place in the 2023 countdown is the mixed-use development at 633 S LaSalle Street in the South Loop. Located just south of the intersection with W Harrison Street and across the street from the LaSalle station tracks, the building replaces a vacant lot within the small neighborhood. The project is being led by London-based developer The Collective with Fitzgerald Associates and Berkelhamer Architects working on its design.
