This past week on Arbor Day Mayor Lori E. Lightfoot unveiled the City of Chicago’s newest tree initiative. According to the press release the city will plant 75,000 trees over the next five years.
Caisson drills and other equipment can be seen at the site of 920 N Wells Street, which will give way to a new 19-story residential building in Near North Side. This new edifice will be the first step in a $1.3 billion mega development known as North Union. This masterplan will deliver nearly three million square feet of mixed-use space, while adding 2,656 new residential units to the Downtown area.
Initial details have been revealed for a residential development at 1649 N Halsted Street in Old Town. Located just north of the intersection with W North Avenue and across the street from the recently expanded Steppenwolf Theater, the project would replace the multi-building complex of the Royal George Theater and its adjoining parking garage. Developer Draper & Kramer recently updated their website to show the first rendering of the new structure which also includes the 2020 proposal by JDL at 1623 N Halsted Street.
A demolition permit was filed this past week for a one-story commercial building located at 1644 W Diversey Parkway in the Lake View neighborhood. The permit’s owners have been listed as Eirpol LLC.
Draper & Kramer has announced plans for a new nine-story residential building to be located at 330 W Chestnut Street, just north of the Chicago Avenue corridor in Near North Side. These plans include 129 total units, comprised of convertibles up through two-bedrooms. Out of the 129 on-site residences, 26 will be designated as affordable under ARO guidelines. There will also be a ground-level retail space, and various amenity spaces such as a ground-level area and a top-floor deck.
