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.
The Chicago City Council has approved the commercial project at 5201 S Wabash Avenue in Washington Park. Located just north of the intersection with E 51st Street, the project is part of a 2021 Invest South/West RFP and has been in the works since YIMBY first reported on it in early 2022. This winning proposal comes to us from developer Urban Equities and is designed by local firms TnS Studio and SmithGroup with whom YIMBY had the pleasure of speaking with last summer on the proposal.
Construction permits have been issued for a new residential development located at 2840 W 36th Place in Brighton Park. The development is a proposed two-story, three-unit residence with a basement, front stairs, rear two-story porch/stairs, and a rear three-vehicle parking pad, according to the submitted plans. A & SL Construction Inc serving as both the owner and general contractor for the project.
