The Loop

Initial Plans Revealed For ComEd Redevelopment Of 333 S LaSalle Street In The Loop

7:30 am on January 5, 2022 By Ian Achong

ComEd has announced plans to redevelop the existing trading building at 333 S LaSalle Street in The Loop. Located on the corner with W Van Buren Street, the low-rise building is adjacent to the Board of Trade tower and for many years held the last open-outcry trading pits in Chicago. The purchase, which was finalized in November, marks the end of a long history for in-person trading that helped power the local economy, which now relies on virtual operations.

300 N Michigan Avenue Wraps Up Glass Installation as Countdown’s Eighth-Place Entry

7:45 am on December 24, 2021 By Jack Crawford

At eighth place in Chicago YIMBY’s year-end countdown is 300 N Michigan Avenue, a 47-story mixed-use skyscraper developed by Sterling Bay at the northeast corner of The Loop. Rising 523 feet to its pinnacle, this nearly complete tower will house retail within its podium, a hotel on floors six to 15, and apartments on the 17th through 46th floors. The hotel portion will be a 280-key CitizenM, while the residential portion, dubbed “Millie on Michigan” will yield a total of 289 rental units.

410 S Wabash Claims Title as Chicago’s 17th Tallest Construction Project

7:45 am on December 15, 2021 By Jack Crawford

In 17th place for Chicago YIMBY’s year-end countdown is 410 S Wabash Avenue, a 25-story tower that was recently cleared to rise in The Loop. This development by Lennar Multifamily Company (LMC) will stand 260 feet in height, and will yield a mix of 8,000 square feet of ground-level mercantile space and 344 rental units.

Facade Encloses Top of 300 N Michigan Skyscraper in The Loop

7:45 am on November 22, 2021 By Jack Crawford

Since YIMBY’s September update, glass has steadily enclosed most of the remaining floors at 300 N Michigan Avenue, a 47-story skyscraper that recently topped out in the northeast corner of The Loop. Developers Magellan Development Group and Sterling Bay have planned a mix of retail in the base, a 280-key CitizenM hotel on the sixth through 15th floors, and residential apartments on the 17th through 45th floors.

300 N Michigan Tops Out at 47 Stories in The Loop

7:45 am on September 17, 2021 By Jack Crawford

Last week, structural work reached the 510-foot-tall pinnacle of a new 47-story mixed-use skyscraper, located at 300 N Michigan Avenue in The Loop. The development is a joint-partnership between Sterling Bay and Magellan Development Group, whose plans entail a combination of retail in the base, a hotel on floors six through 15, and apartments on floors 17 through 45.

Caisson Work Begins for 25-Story Tower at 410 S Wabash Avenue in The Loop

7:45 am on September 2, 2021 By Jack Crawford

Site prep has made significant headway at the site of 410 S Wabash Avenue in The Loop. The planned 25-story tower, under development by LMC, will house a mix of 344 rental apartments and 8,000 square feet of retail. Prior to construction, the site was occupied by a vacant parking lot.

525 S Wabash Avenue. Rendering by BKV Group

Plan Commission Approves Mixed-Use Development at 525 S Wabash Avenue in The Loop

7:45 am on August 29, 2021 By Lukas Kugler

The Chicago Plan Commission has approved a mixed-use development located at 525 S Wabash Avenue in The Loop. The proposal is sited on a partial-block lot bound by E Congress Parkway, S Wabash Avenue, and E Harrison Street, and would replace an existing parking garage and parking lot. Eterra Plus LLC is in charge of the development.

Moceri + Roszak Debuts Penthouse Collection Apartments at Parkline Chicago in The Loop

7:45 am on August 25, 2021 By Jack Crawford

Moceri + Roszak has unveiled 24 new apartments on the upper floors of Parkline Chicago, a recently-completed 26-story mixed-use building in The Loop. Located at 60 E Randolph Street, Parkline Chicago also offers an additional 189 apartment units on the lower floors, as well as 6,400 square feet of ground-level retail.

Construction Wraps Up on 226 W Jackson Boulevard Conversion in The Loop

7:45 am on August 17, 2021 By Jack Crawford

Renovation work is wrapping up at 226 W Jackson Boulevard in The Loop, where Phoenix Development Partners is converting a former 14-story office building to two Hilton hotels. The classically-styled edifice, originally built in 1904, long served as the headquarters for the Chicago and Northwestern Railroad, and then later as the headquarters for the City Colleges of Chicago. Today it is classified as a national historic landmark, whose exterior is being refurbished and retained in exchange for Class L tax incentives.

City Council Approves Class L Tax Incentive for 208 S LaSalle Street in The Loop

7:30 am on August 1, 2021 By Lukas Kugler

The Chicago City Council has approved the application for a Class L tax incentive for 208 S LaSalle Street in The Loop. Home to the Continental and Commercial National Bank Building, the site is located along S LaSalle Street, between W Adams Street and W Quincy Street. The Prime Group is the developer behind the application.

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