The mixed-use development for 1649 N Halsted Street in Lincoln Park has received approval from the Chicago Plan Commission. Draper & Kramer is behind this initiative to replace the Royal George Theater and its neighboring structure atop the 0.8-acre site. Envisioned by SGW Architecture & Design, the project will see the rise of a nine-story building with a top floor dedicated to amenity areas and open rooftop space.
The Chicago Plan Commission has approved the expansion of the Fifth Third Arena at 301 S Damen Avenue in the Near West Side. Originally revealed earlier this year, the new construction will rise adjacent to the existing training center and replace a vacant lot. The development comes directly from Chicago Blackhawks with Kansas City-based Generator Studio on its design.
A construction permit has been granted for a new residential development located at 2528 W Monroe Street in the Near West Side. The project will feature a three-story frame building, providing a total of three dwelling units and three concrete parking pads. The owner of the project is listed as JRD LLC – 2530.
The Chicago Plan Commission has approved the affordable housing development at 2136 S Ashland Avenue in the Lower West Side. Located just north of the intersection with W Cermak Road, we first covered the proposal in January which will be replacing a vacant lot across the street from Benito Juarez High School. Dubbed ‘Casa Yucatan’, the structure is being developed by The Resurrection Project who are working with local architecture firm DesignBridge on it.
In 2019, Moody Bible Institute initiated a plan to sell 10 acres of real estate near its main campus in Near North Side. Having been to JDL to make way for the new North Union megadevelopment, the offloading of these properties resulted in roughly $200 million in net proceeds. These proceeds are now being channeled into campus improvements, new infrastructure, long-term reserves, and educational endowments.
