The first demolition permit has been issued for the massive renovation of the Thompson Center, located at 100 W Randolph Street in The Loop. With a value of $6 million, this permit will facilitate the removal of non-structural interior and exterior elements, paving the way for the forthcoming redevelopment.
A new YMCA has been announced as the anchor tenant for the mixed-use development at 331 S Plymouth Court in The Loop. Located on the intersection with W Van Buren Street directly across from the Harold Washington Library, the project was originally announced in 2021. Dubbed Assemble Chicago, it is being developed by The Community Builders with Studio Gang, DesignBridge, and JAQ working on its design.
Ferrero North America recently celebrated the opening of its new Innovation Center and North America R&D Labs in The Loop. Located in the historic Marshall Field and Company Building at 24 E Washington Street, the new 45,000 square foot facility brings together the different R&D divisions of the company’s major brands.
The city has announced the reconsideration of two proposals for the LaSalle Reimagined initiative after altering their plans. Earlier this year three winners were announced for the program led by the Department of Planning and Development and the Department of Housing, aiming at tackling the record vacancy rates on the historical corridor while addressing the need for affordable housing. Joining 111 W Monroe Street, 135 S LaSalle Street, and 208 S LaSalle Street could be the following two revised proposals: