The City of Chicago has issued a renovation permit for 41 E Oak Street in Streeterville. The project will involve changes to the exterior of the existing two-story commercial building, as well as major alterations to the interior mercantile space. The overhaul will also involve both new roof and floor replacements to cater to the new interior layout.
This past week, YIMBY captured the the tower crane disassembly at 160 N Morgan Street, a 30-story mixed-use tower nearing completion in Fulton Market District. This joint venture between Sterling Bay and Ascentris now stands its full 350 feet in height and is set to feature 282 rental apartments situated above 2,657 square feet of retail space.
The Chicago Transit Authority and the Department of Transportation have announced the funding for new train cars for the city’s transit system. Various state senators teamed up in DC to make the announcement earlier this week, with the money ultimately coming from the federal infrastructure bill passed in 2021. The money will come through the Federal Transit Administration as part of their 2022 and 2023 Rail Vehicle Replacement program, allowing for the CTA to replace some of its oldest rail rolling stock.
A construction permit has been granted for a new mixed-use development located at 3155 W Fifth Avenue in East Garfield Park. The three-story mixed-use building, developed by Preservation of Affordable Housing Inc, is the first phase of a two-part plan that will replace a formerly vacant lot.
With the structural work reaching its 399-foot peak, the 24-story mixed-use building at 360 N Green Street is now rapidly progressing with its facade installation. The new Fulton Market tower, developed by Sterling Bay, who owns an array of nearby properties at various stages of development, will offer a mix of offices, 5,400 square feet of retail, and tenant amenities across 500,000 square feet of floor space.