Construction has risen above street level at 300 N Michigan Avenue, located in The Loop. Planned to rise 523 feet, the tower will stand 47 stories above the intersection of N Michigan Avenue and E Wacker Place. The development is a result of the collaboration by Magellan Development Group and Sterling Bay.
Construction permits have been issued for a four-story residential building at 4854 N Damen Avenue, located in Ravenswood. The owner, filed under PFH Homes, is planning three total units. Additional components include a basement and a three-car garage with a rooftop deck.
This past January, the City Council passed of a key ordinance that would permit a 43-story tower at 906 W Randolph Street in West Loop. Presented documents from the City Council hearing show a height of 495 feet, ranking the building at number 15 in Chicago YIMBY’s countdown of tallest new developments.
The Commission on Chicago Landmarks has granted approval for demolition of the existing structure at 1020 W Randolph Street in the West Loop. Located within Fulton-Randolph Market District, and the northeast corner of W Randolph Street and N Carpenter Street, the demolition of an existing one-story bank with drive-through will make way for the construction of a new five-story building with mechanical enclosure, penthouse, and rooftop deck. The development is being led by L3 Capital.