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.
Following permit approval from last summer, foundation work can now be seen for LG Development’s HUGO masterplan, which involves the construction of two mid-rise buildings in River North. Located at 751 N Hudson Avenue and 411 W Chicago Avenue, these two mixed-use structures will each stand nine stories and will collectively house 230,000 square feet of programming, made up of roughly 19,000 square feet of retail and 227 apartment dwellings. The two buildings will replace former parking lots, and will be narrowly separated by an existing masonry low-rise building.
With final touches now underway for River North’s six-story 61 W Erie Street, it has been reported that the former condominium development by LG Development will switch in function to a boutique Sonder venue for medium-term stays. The news comes as a bounce back for the hotel industry, with a demand for hospitality-oriented companies like Sonder helping to lead this resurgence.