Updated Plans Revealed For Mixed-Use Tower At 1338 W Lake Street In West Loop

Updated plans have been revealed for the mixed-use development at 1338 W Lake Street in the West Loop. Originally announced via a zoning application in September 2022, the new structure will be located on the northeast corner with N Ada Street bound by the CTA tracks to the south while replacing a multi-story industrial structure currently occupying the lot. Developer Cedar Street Companies is working with local architecture firm SCB on its design located on the western edge of the expanding neighborhood.

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1012 W Addison Street

Facade Nears Completion for 1012 W Addison Street in Lake View

Many of the I-beam exterior pieces have now been installed along 1012 W Addison Street, a new three-story sportsbook betting addition to Wrigley Field in Lake View. The Chicago Cubs and Marquee Development are spearheading an extension to the iconic stadium oriented around sports betting, whose ban in the city was recently lifted. Owing to this new ordinance, the five major sports stadiums in the city have now facilitated their own betting operations.

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725 W Randolph Street

Updated Design Revealed for 725 W Randolph Street in Fulton Market

Related Midwest has unveiled a new proposal for 725 W Randolph Street, a now 41-story skyscraper poised for the southeast corner of Fulton Market District. The mixed-use project has steered toward a more commercial angle over its last two building iterations, which would have yielded a 370-apartment residential component in addition to office space and a hotel. While apartment demand has blossomed following the reversal of a new housing moratorium in the district, the office market has also seen a recent surge of new companies into the neighborhood’s growing collection of large floor-plate towers.

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424 S Wabash Avenue. Rendering by Pappageorge Haymes

Land Purchased For Mixed-Use Development In South Loop

A land purchase has been executed for the mixed-use development at 424 S Wabash Avenue in the South Loop. With a mid-block location between E Van Buren Street and E Congress Parkway, the future structure will replace a vacant lot most commonly used as a surface parking lot for the surrounding businesses. The team at DAC Developments, which is being led by Adam Rezko, is working with local firm Pappageorge Haymes on its design.

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