The prominent development sites at 601-625 W Monroe Street in West Loop Gate have officially been placed up for sale. Bound by S Desplaines Street to the west and S Jefferson Street to the east, the large lot was originally earmarked for a two-tower residential development split into subareas. With the plans being approved by the city in 2021.
Initial details have been revealed for a new mixed-use office high-rise at 590 W Madison Street in West Loop Gate. Located on the northeast corner with N Jefferson Street, the tower will replace a narrow parking lot used by the existing tower at 540 Madison next door. The project is being led by Florida-based Third Millennium Group and Texas-based Hines.
Plans are advancing for the mixed-use development at 640 W Randolph Street in West Loop Gate as permits have been applied for in order to commence construction. Originally announced over two years ago, the project is being led by Vista Property Group who also built the mostly fully leased 609 W Randolph nearby.
In West Loop Gate, two office buildings located at 10 and 120 S Riverside Plaza continue to undergo renovations as part of a larger repositioning project. These two structures, each rising 21 stories, collectively offer 1.4 million square feet of space with 37,000-square-foot floor plates. With SOM as the original architect behind both structures, 10 S Riverside Plaza was constructed in 1965, while 120 S Riverside Plaza was completed in 1967.
Construction permits have been applied for with the city for the mixed-use development at 566 W Van Buren Street in West Loop Gate. Sitting on the corner with S Jefferson Street, the project was first announced last year when it received permits for and proceeded with the demolition of two building’s on the site. The Antunovich Associates-designed structure is being proposed by a team made up of Riverside Investment and Blue Star Properties.
