Initial plans have been approved for a new program to revitalize the retail scene along LaSalle Street in The Loop. Riding the wave from the recently announced bids for the city’s LaSalle Street Reimagined initiative, the new program looks to address the vast amount of vacant retail and commercial spaces fronting the once-packed street. Introduced by Mayor Lori Lightfoot, the program will tap into local TIF’s and serve the same area bound by W Washington Street to the north and W Van Buren Street to the south.
Capturing the 15th spot in this year’s countdown is the mixed-use development at 410 S Wabash Avenue in The Loop. Located on the southwest corner with E Van Buren Street, the structure will replace a vacant surface lot directly adjacent to the famed CTA tracks that give the neighborhood its name. North Carolina-based developer Lennar Multifamily Company which recently rebranded as Quarterra is behind the project along with architecture firm Antunovich Associates on its design.
An extension has been granted and a redesign revealed for the mixed-use development at 130 N Franklin Street in The Loop. Located on the southwest corner with W Randolph Street, news of the proposal broke back in 2015 as a replacement of an existing empty lot along with a surface parking lot as well. Struggling to execute a tower on it, developer Tishman Speyer was granted an extension on their previous approval due to the last two years. The team at Tishman have been leading the efforts with local architecture firm Krueck Sexton Partners on all iterations of the design.
Next in our “Dead by Design” series of cancelled Chicago supertowers, we have a 112-story tower originally planned for 7 S Dearborn Avenue in The Loop. The mixed-use skyscraper would have measured 1,567 feet to its roof, marking what would have been its official height. However, the structure would have also been accompanied by three 433-foot-tall antennas that would have brought its pinnacle height to 2,000 feet, just one foot higher than last week’s Miglin-Beitler Skyneedle.
One of Chicago’s tallest and most notorious cancelled developments is the 125-story Miglin-Beitler Skyneedle, the first in this series to surpass the Willis (Sears) Tower in height. Proposed in 1988 by Lee Miglin and J. Paul Beitler, this superstructure would have risen 1,999 feet at 201 W Madison Street in The Loop. If construction proceeded as planned up until its targeted 1993 completion, the tower would have reigned as world’s tallest building for 17 years leading up to the completion of Dubai’s Burj Khalifa in 2010. It is worth noting however that building’s sheer influence would very likely have altered the race to the top, creating what may have been a very different set of subsequent mega-towers around the world.