Facade work has now completed for The Reed, a 41-story residential tower at 234 W Polk Street in South Loop. Developed by Lendlease, the 447-foot-tall tower comprises 440 units, including 216 condominiums and 224 apartments, with one-, two-, and three-bedroom options ranging in size from 630 to 1,670 square feet. Prices range from the low $400,000s to $1.4 million.
Final cladding is wrapping up for a new 30-story apartment building at 1400 S Wabash Avenue in South Loop. CMK Companies, the developer behind the project, has announced that the tower has reached its full height of 350 feet, bringing 350 new residences to the area.
Continuing its rapid ascension, structural work is now past the 400-foot mark for 1000M, a 74-story residential skyscraper in South Loop. At 788 feet in height, the project is being developed by JK Equities, Time Equities, and Oak Capitals. Pivoting from the 506 condominium units originally planned, the residences will now comprise 738 rental apartments.
The superstructure has reached its full 350-foot height for 1400 S Wabash Avenue in South Loop, where CMK Companies is developing a 30-story apartment tower. Replacing a long-vacant former parking lot, the tower will help bolster the outer edge of South Loop’s skyline while adding 350 new residences to the area. There will also be a retail component with storefront along Wabash Avenue. The residential lobby, meanwhile, will be located around the corner along a new driveway extending off of 14th street.
A land purchase has been executed for the mixed-use development at 424 S Wabash Avenue in the South Loop. With a mid-block location between E Van Buren Street and E Congress Parkway, the future structure will replace a vacant lot most commonly used as a surface parking lot for the surrounding businesses. The team at DAC Developments, which is being led by Adam Rezko, is working with local firm Pappageorge Haymes on its design.
