Foundation work is currently in progress at 1723 S Michigan Avenue in the South Loop neighborhood, ranking as the 24th project in our year-end countdown of tallest construction developments. Under development by CMK Companies, the 13-story residential building will provide 149 apartment units and a parking garage with capacity for 98 vehicles.
Snatching the 28th spot in our year-end countdown is the redevelopment of the former Sears store at 4712 W Irving Park Road in Portage Park. Sitting on the six-corner intersection with N Cicero Avenue and N Milwaukee Avenue, the project adds density to the intersection anchored by Clarendale Six Corners which took the 31st spot in our 2021 countdown. Finishing touches are currently being added by developer and general contractor Novak Construction.
Excavation is now underway for a 12-story apartment building at 1630 South Wabash Avenue in South Loop. This residential development, undertaken by CMK Companies, will house a total of 149 rental units. The building will be located on a previously vacant lot just east of the elevated CTA tracks. Its foundation and partial superstructure received a permit in late October, while the full construction permit is still pending.
Embry, a 16-story condominium development in the West Loop at 21 N May Street, has wrapped up its construction and is now welcoming residents. Led by Sulo Development, this new residential project comprises 58 units with sizes ranging from 1,828 to 5,200 square feet, offered in two-, three-, and four-bedroom layouts.
Plans have been approved for the first phase of Thrive Exchange at 7901 S Exchange Avenue in South Shore. Sitting right on the intersection with E 79th Street, the project will replace a pair of existing buildings next to the Cheltenham/79th Street Metra station. The proposal was approved by the Chicago Plan Commission, led by developer DL3 Realty and designed by local-firms KOO Architects and Site Design Group.
