Landmark Tax Incentives Approved For Restaurant Redevelopment In River North

Tax incentives have been approved by the Commission on Chicago Landmarks for the redevelopment of the LaSalle Street Cable Car Powerhouse at 500 N LaSalle Drive in River North. Located on the northwest corner with W Illinois Street adjacent to the recently completed 448 N LaSalle office building, the structure will once again become a restaurant from an overseas operator. London-based Hawksmoor will convert the space into a new steakhouse with an undisclosed designer.

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