An initial construction permit has been issued for a new three-story mixed-use redevelopment at 935 W Webster Avenue in Lincoln Park. Developed by Mavrek Development, the project will use the existing structure that once housed the State restaurant, while adding an additional four apartment units above.
The Chicago Bears have announced the purchase of the land needed for their potential move to 2200 Euclid Avenue in Arlington Heights. Located on the nexus of Highways 14 and 53 roughly 28 miles northwest of their current home of Soldier Field, the team is nearing the end of a multi-year negotiation on where to call home with the City of Chicago and the state. The mixed-use megaproject is being led by the team itself and their president along with San Francisco based design-firm Hart Howerton.
Thor Equities is currently in negotiations to purchase one of the few remaining development sites in Fulton Market district. The vacant 2.7-acre site along the west side of Peoria Street at the Metra tracks is being sold by meat wholesaler Nealey Foods, with the purchase price expected to be more than $100 million.
A new six-story mixed-use building has received caisson permits at 6249 S Sangamon Street in Englewood. The project is being developed by Thrive Englewood and is being built to contain a total of 61 dwelling units, including 2 live/work spaces and ground floor retail. The architect of record listed in the project is Perkins+Will.
Final cladding is wrapping up for a new 30-story apartment building at 1400 S Wabash Avenue in South Loop. CMK Companies, the developer behind the project, has announced that the tower has reached its full height of 350 feet, bringing 350 new residences to the area.
