Structural work advances in the Near North Side for two adjacent towers at 868 N Wells Street and 920 N Wells Street. The projects are part of the sprawling North Union megadevelopment, a $1.3 billion master plan that will eventually occupy 2.9 million square feet of space. Both towers are being developed by JDL, designed by Hartshorne Plunkard Architecture, and constructed by Power Construction.
The City of Chicago has announced its plans to proceed with the extension of the 606 trail in Bucktown. The extension will only be a portion of the greater planned expansion that will take the trail into the Lincoln Yards megadevelopment, near which we saw another two residential buildings proposed earlier this week. The Chicago Department of Transportation is leading the work with an unannounced design team already working on plans.
A construction permit for a new residential development located at 1622 S Wood Street in the Heart of Chicago neighborhood has been granted. The project will feature a four-story building with eight dwelling units, a basement, a rooftop deck, rooftop stair enclosures, a three-vehicle garage and four exterior parking spaces on a concrete pad.
Construction has reached its pinnacle for 225 N Elizabeth Street, a new 28-story high rise in Fulton Market. Taking shape on what was formerly the two-story Krueger Sausage Factory at the corner of Fulton and Elizabeth Streets, this mixed-use project is a collaborative effort between Sterling Bay and Ascentris.
Financing has cleared another hurdle for the Congress Theater redevelopment at 2135 N Milwaukee Avenue in Logan Square. Located on the intersection with N Rockwell Street, we last covered the project earlier this year when initial news on the TIF money being requested for the project were announced. Now developer Baum Revision, who is working with Woodhouse Tinucci Architects, has cleared an approval from the Finance Committee with requirements in order to receive the money.
