Permits have been filed for a new hotel development at 146 W Hubbard Street in River North. Located on the northwestern corner with N LaSalle Drive, the new structure will replace a surface parking lot directly next to the recently completed office building at 448 N LaSalle Drive. The project is being led by Detroit-based Porritt Group, with Michigan-based Saroki Architecture working on its design.
In West Loop Gate, two office buildings located at 10 and 120 S Riverside Plaza continue to undergo renovations as part of a larger repositioning project. These two structures, each rising 21 stories, collectively offer 1.4 million square feet of space with 37,000-square-foot floor plates. With SOM as the original architect behind both structures, 10 S Riverside Plaza was constructed in 1965, while 120 S Riverside Plaza was completed in 1967.
The City of Chicago has issued approval for a renovation at 3658 W Cortland Street in Logan Square, where a two-flat residence is undergoing interior upgrades. The proposal, which was submitted on December 1, 2023, was approved on February 13. The project’s budget is estimated to be $80,000.
Vertical construction continues at 633 S LaSalle Street, a 17-story residential project in Printer’s Row, following the completion of construction financing by Singapore’s Q Investment Partners (QIP) and Chicago-based Melrose Ascension Capital (MAC). The project, which recently changed hands from PMG and The Collective, is a key venture for QIP as it enters the US real estate market.
Initial details have been revealed for residential development at 3915 N Wayne Avenue in Lake View. Located near the intersection with N Clark Street and by the entrance to Graceland Cemetery, the project will replace a former Burger King and its parking lot that occupied the site. The project is being led by Wayne 531 LLC with local firm Axios Architects and Consultants working on its design.
