Foundation work is progressing on HUGO, LG Development‘s two-building development located at 751 N Hudson Avenue and 411 W Chicago Avenue in River North. The two nine-story buildings will be nearly adjacent to one another, separated by an existing low-rise masonry building. Combined, the mixed-use edifices will span 230,000 square feet, occupied by 19,000 square feet of mercantile space and 227 apartments.
The final steel pieces are being added to Salesforce Tower Chicago, rising 60 stories at 333 W Wolf Point Plaza in River North. This 850-foot-tall skyscraper is the final, and tallest, staple in Hines‘ three-part masterplan known as Wolf Point. With more than a third of its floor area anchored by the tech giant Salesforce, the 1.4 million-square-foot edifice will house primarily offices, below which will be retail and dining within its base.
Since its coverage in the 2021 year-end countdown, further window and railing installation has taken place for Sedgwick Development‘s 142 W Erie Street, formerly known as Bentham Chicago. The 14-story mixed-use building is located River North along the corner of Erie Street and LaSalle Drive, just one block east of the Wells Street restaurant corridor. Prior to the construction, the parcel was occupied by an auto body shop that was demolished in 2016.
Chef Gordon Ramsay is quickly returning to Chicago with plans to open a second restaurant following the opening of his popular establishment Gordan Ramsey Burger. Gordon Ramsay Hell’s Kitchen will open in the Near North Side neighborhood. This addition will mark four total locations in the US, the first of which is located in Caesars Palace in Las Vegas, Nevada.
This week, North Wells Capital secured an $88 million lease for a planned 16-story retail and office building at 311 W Huron Street in River North. The anchor tenant, a market research company known as Spins, will occupy 48,000 square feet along the top three floors.
