Today, YIMBY has an exclusive first look at renderings for a new 31-story mixed-use development at 401 N Racine Avenue in West Loop. The project site is a full block lot, bounded by Metra tracks to the north, N May Street to the east, W Kinzie Street to the south, and N Racine Avenue to the west. The nearest public transportation is the Route 65 CTA bus, accessed at the Grand and Racine, within a three-minute walk from the site. The Morgan CTA L station, serviced by the Green and Pink Line, can be accessed within a ten-minute walk.
Work on the exterior wall has climbed the western face of the Peoria Green development, a six-story condominium project at 123 S Peoria Street in West Loop. Planned by ZSD Corporation, the building squeezes within an irregularly shaped lot, requiring it to split into adjacent east and west wings. ZSD Corporation plans for 17 units spread across its 70,000 square feet, ranging from four- to five-bedrooms. Prices range between $1.8 million and $3 million, according to the development website which also lists units are 90 percent sold. In January Crain’s reported that given the unexpected demand in sales, the developers altered the original programming to include more higher-priced units.