This week, foundation permits were issued for an 18-story co-living development at 633 S LaSalle Street in South Loop‘s Printer’s Row District. The Collective, a London-based developer, is behind the 162,000-square-foot project, which will house 117 apartments with a total of 381 beds.
This week, YIMBY stopped by the rising core at 1000M, currently Chicago’s fourth tallest construction project. Located at 1000 S Michigan Avenue just across from Grant Park, this 788-foot-tall, 73-story residential tower is set to house a total of 738 rental units. The developer trio of JK Equities, Time Equities, and Oak Capitals had originally planned 506 condominiums, but ultimately pivoted due to the city’s booming apartment market. The skyscraper resumed construction following a nearly two-year hiatus and a $304.5 million loan from Goldman Sachs and Deutsche Bank.
Crane assembly can be seen for the 30-story high rise planned at 1400 S Wabash Avenue in South Loop, replacing a long-empty vacant lot. As of now, permits have been issued for the foundation, tower crane, and the superstructure up to the fourth floor.
Structural work has now passed the ninth floor for the 41-story residential tower known as The Reed, located directly north of River City Apartments in South Loop. Under the address 234 W Polk Street, this new high rise is part of a large master plan known as Southbank. With Lendlease as the developer, this scheme includes the completed development “The Cooper” adjacently west, alongside a host of new public park spaces. Future plans include a pair of towers roughly the same height as The Reed, connected by a podium at their base.
Foundation work is now underway for a 30-story mixed-use high rise at 1400 S Wabash Avenue in South Loop. The developer CMK Companies plans for 299 total units atop ground-level retail. Replacing a long-vacant lot, the 316-foot-tall structure is poised to contribute to South Loop’s expanding high rise cluster.
