The Chicago Park District has released the first iteration of its framework plan for the future of Grant Park in The Loop. Bounded by East Randolph Street to the north and East Roosevelt Road to the south, the 319-acre park is commonly known as “Chicago’s Front Yard.” The plan outlines a vision for how the city could remodel and expand the park in the coming years.
Landmark status and tax incentives have been approved for the mixed-use redevelopment of 111 West Monroe Street in The Loop. Located at the corner of South Clark Street near Chase Tower, the two-building complex is the latest to receive such status as part of the broader LaSalle Street Reimagined initiative.
Additional renderings have been revealed for the upcoming hotel project at 424 South Wabash Avenue in The Loop. Earlier this year, we covered the initial demolition work for the project. We now have a closer look at what the new structure will look like. The project is being led by DAC Development and Initium Development, based at 2600 N Clark Street.
The Chicago Community Development Commission has initially approved TIF funding for the redevelopment of 105 W Adams Street in The Loop. Located at the corner of South Clark Street and next to the Federal Center, the iconic structure has seen multiple redevelopment attempts over the past few years. Now, Chicago-based Primera Group is moving forward with its plans.
Plans for the partial residential conversion of 30 N LaSalle Street in The Loop, part of the city’s LaSalle Street Reimagined initiative. Now more than two years in the making, the project has been slightly altered and approved by the city’s Permit Review Committee, leaving just final approval of its funding outstanding.
