L3 Capital has recently secured a permit to build a two-story mixed-use property at 1043 N Rush Street in the Near North Side neighborhood. The upcoming project will be located between E Bellevue Place and E Cedar Street, taking the place of the present two-story structure that is home to Carmine’s.
Updated plans have been revealed for the mixed-use development at 4640 N Western Avenue in Lincoln Square. The nearly block-long site is bound by W Eastwood Avenue to the south and the CTA Brown Line tracks to the north, with the new proposal replacing four existing structures and a previously approved plan from 2021. Now the current owner and developer under the name 4640 Western LLC is working with local firm Hirsch MPG on the new design with increased density.
Since YIMBY’s last update, North Wells Capital’s 16-story mixed-use tower has topped out in River North. Located at 311 W Huron Street, the tower now stands 226 feet tall and house programming for both retail and office. North Wells Capital has already secured Spins as the anchor tenant to occupy the highest four office floors at an $88 million lease.
A new permit has been issued for a four-story residential building to be located at 1363 W Hubbard Street in West Loop. Replacing a three-story frame residence, the project is being built by owner Maurice Connolly, whose plans include three total residential units.
The Lincoln Yards mega-development is set to enter its next phase as two of its riverfront parcels, D2 and D3, are scheduled to break ground next month. Following the completion of the life sciences ofice building at 1229 W Concord early this year, developer Sterling Bay has reevaluated the phasing plan for the Hartshorne Plunkard Architecture and Gensler-designed project, likely due to shifts in the economy. This adjustment prioritizes the development of mixed-use structures at the D2 and D3 parcels, located just north of 1229 W Concord.