Related Midwest has unveiled a new proposal for 725 W Randolph Street, a now 41-story skyscraper poised for the southeast corner of Fulton Market District. The mixed-use project has steered toward a more commercial angle over its last two building iterations, which would have yielded a 370-apartment residential component in addition to office space and a hotel. While apartment demand has blossomed following the reversal of a new housing moratorium in the district, the office market has also seen a recent surge of new companies into the neighborhood’s growing collection of large floor-plate towers.
A land purchase has been executed for the mixed-use development at 424 S Wabash Avenue in the South Loop. With a mid-block location between E Van Buren Street and E Congress Parkway, the future structure will replace a vacant lot most commonly used as a surface parking lot for the surrounding businesses. The team at DAC Developments, which is being led by Adam Rezko, is working with local firm Pappageorge Haymes on its design.
New building permits were issued for a new four-story frame construction to be located at 4015 N Pulaski Road in Irving Park. Plans list KLLM Architects as the architects of record and state that this building will house four units. Each unit will have a rear deck and patio. The property site will feature new fencing and four parking spaces. The site was formerly a gas station parking lot.
Renderings have been revealed for the upcoming mixed-use project at 415 N Sangamon Street in the West Loop. Shown to area locals during a public meeting held last night, plans for the tower have remained relatively the same with the images offering a first look at its solar panel-lined exterior. News on the proposal broke last September, replacing a vacant lot and incorporate the adjacent on-site building. Developer Fortem Voluntas Partners led by Jay Jordan, an ex-Sterling Bay leasing agent, is partnering with local firm Eckenhoff Saunders and Miller Hull on its design.
Glass paneling has been installed for 3217 N Clark Street, a five-story mixed-use building under construction in Lakeview East. The new structure will have space for ground-level retail, as well as 32 residential units on the upper levels. This project, filed under the name 3211 N Clark LLC, is replacing a former parking lot.