Initial details have been revealed for the sale of the parcel of land at 1201 S Michigan Avenue in the South Loop. Located directly on the corner with E Roosevelt Road and adjacent to the NEMA Chicago skyscraper, the large lot was most recently envisioned as a slightly taller version of NEMA itself. Now Miami-based developer Crescent Heights has hired the local office of CBRE to sell the property according to Crain’s.
Updated renderings have been revealed for the renovation for the structure dubbed Canal Station at 801 S Canal Street in the South Loop. The massive building is located on the southeastern corner with W Polk Street just south of the Old Post Office, thus the property’s new owners hope to cash in on the area’s growing appeal for office relocations in recent years. Developers 601W Companies and The Telos Group are behind the project and are working with SCB on its design.
The 73-story residential skyscraper, 1000M, located in South Loop at 1000 S Michigan Avenue, has now officially topped out. This 805-foot-tall project is a collaboration between JK Equities, Time Equities, and Oak Capitals, with an original proposal for 506 condominium units. However, the plan has since been altered to a rental building housing 738 apartments.
Punctuated by the new main entryway, renovation progress continues at the existing 801 S Canal Street, known as Canal Station, a five-story building located in the South Loop neighborhood. This redevelopment project, led by 601W Companies and The Telos Group, is transforming the building from a single-tenant office structure to a multi-use facility.
Following the issuance of a full permit at the beginning of the year, construction equipment can now be seen at 633 S LaSalle Street in South Loop. Developed by The Collective, the 18-story residential building is slated to rise on the former grounds of a surface parking lot, introducing a co-living model across 117 apartment suites and 381 beds.