Work is currently underway on the conversion of the historic 15-story office tower at 226 W Jackson Boulevard in The Loop. The building is the former headquarters of Chicago & North Western Railway and most recently was the headquarters building for City Colleges of Chicago. Located at the northeast corner of W Jackson Boulevard and S Franklin Street, the edifice is across the street from the Willis Tower, formerly Sears Tower. Phoenix Development Partners is in charge of this development, with an estimated development cost of $136 million, which includes the property acquisition cost of $32.7 million.
Photos taken yesterday show construction mockups and other equipment on the site of Fulton Market‘s 330 N Green Street, in preparation of the future 18-story office building. The structure will replace a previously-demolished two-story commercial edifice, adding 670,418 square feet of total floor space to the pool of new office developments rising in the West Loop neighborhood.
The Commission on Chicago Landmarks (CCL) has approved a proposal to alter the façade of the Art Institute of Chicago at 111 S. Michigan Avenue in the Historic Michigan Boulevard District. The proposal comes from the Art Institute, looking to update the face of the original Allerton Building that fronts Michigan Avenue and the rest of the Loop.