Foundation work has begun for a 12-story building at 1630 South Wabash Avenue in South Loop, with pilings now being installed. This mixed-use development by CMK Companies, replacing a vacant lot directly east of the CTA tracks, will feature 149 rental units above ground-floor retail. A permit for the foundation and partial superstructure was issued in late October, followed by the issuance of the full permit in early December.
Renovations have wrapped up for Canal Station, a six-story building located at 801 S Canal Street in the South Loop. Situated near the intersection of W Polk Street and Canal Street, close to the Old Post Office, the building is characterized by its orange-painted makeover and other interior/exterior updates. The property is managed by 601W Companies, and its leasing is handled by The Telos Group, with the architectural redesign being overseen by Solomon Cordwell Buenz.
Taking the second place in our 2023 countdown is the residential tower at 1000 S Michigan in the South Loop. Years in the making, 1000M as it is known, was originally proposed as a much taller stepped box design which was refined and shortened prior to its groundbreaking. The project is being developed by Time Equities, Inc., JK Equities, and Oak Capital, with Jahn/ Architecture working on the design.
Construction permits have been issued for the foundation and ground-breaking of 1730 S Wabash Avenue, a new 12-story building in South Loop. The permit, which was submitted on June 28, 2022, was approved on December 21, 2023, after a 541-day review process.
Breaking into the ninth place on 2023’s year-end countdown in the mixed-use development at 424 S Wabash Avenue in the South Loop. Located on the corner of E Van Buren Street and S Wasbash Avenue, the project is expected to break ground soon as it received its initial permits earlier this month. The development is being led by DAC Developments with The Sonder Group, partnering with Chicago-based Pappageorge Haymes Partners on its design.
