Facade work has now completed for The Reed, a 41-story residential tower at 234 W Polk Street in South Loop. Developed by Lendlease, the 447-foot-tall tower comprises 440 units, including 216 condominiums and 224 apartments, with one-, two-, and three-bedroom options ranging in size from 630 to 1,670 square feet. Prices range from the low $400,000s to $1.4 million.
In a round-up of smaller projects; a construction contract has been awarded for renovations to the CTA Racine Blue Line station and funding has been announced for a veterans shelter in Garfield Park. The CTA station is located at 430 S Racine Avenue just east of the Illinois Medical District and runs in the center of the highway below. The shelter will be located at 4941 W Chicago Avenue and repurposes an existing building to provide much needed resources to military veterans experiencing homelessness.
The first renovation permit has been issued for the old Engine Company 84, Truck 51 firehouse at 6204 S Green Street in Englewood. The rehabilitation is the first phase of a 4.28-acre culinary hub and event center oriented around healthy living, led by developer Englewood Connect LLC and designed by Skidmore, Owings & Merrill.
Funding has been partially approved for part of the mixed-use development centered at 2935 E 79th Street in South Shore. Located on the corner with S Exchange Avenue in front of the Cheltenham/79th Street Metra station, the multi-lot project will redevelop a pair of existing buildings and create new opportunities for home ownership. Dubbed ‘Thrive Exchange’, developer DL3 Realty is working with KOO Architects and Site Design Group on the design of the proposal which won a 2021 Invest South/West RFP.
Brickwork can now be seen at Fulton Market‘s 732 W Randolph Street, where a new nine-story commercial addition is taking shape. Developed by Samuel Oliva, this nine-story structure will offer 6,000 square feet of office space on each of the next seven levels, with retail on the first floor and tenant amenities on the ninth floor.