Renderings have been revealed of an updated design for the Parcel O Tower at Lakeshore East. Located at 193 N Columbus Drive, the site within the larger mega development is currently a vacant lot. Studio Gang’s Aqua Tower neighbors the site to the north while the Blue Cross Blue Shield Tower by Goettsch Partners stands just to the south. Magellan Development Group is in charge of the tower project.
Construction has wrapped up for Episteme Luxury‘s four-story residential building at 1802 S State Street, located in South Loop. Financed by Heartland Bank, the project consists of 39 condominium residences across 23 different floor plans, comprising of one-, two-, and three-bedroom units.
Construction permits have been issued for a three-story residential building located at 6622 S University Avenue in the Woodlawn neighborhood. YIMBY reported on an adjacent permit for 6620 S University Avenue late last month, filed under the same owner Jack Properties LLC. The developer is planning three total units for the current building, as well as a rear steel open porch and a three-car concrete pad.
Exterior work is nearly complete for The Rosie, a seven-story mixed-use building located at 1461 S Blue Island Avenue, near the southeast corner of Chicago’s Little Italy. Planned by CEDARst and Origin Investments, the project will host 202 apartments as well as 7,600 square feet of retail space. The project lies within in a federal opportunity zone, whereby the developers agree to build in an economically distressed vicinity in exchange for tax incentives. Seven of the on-site units will also be affordable, a figure that was approved prior to an updated housing requirement, whereby at least 20 percent of units must be affordable for new projects in the area.
The proposed zoning has been approved for a five-story mixed-use development at 5214 N Lincoln Avenue in Lincoln Square. Located at the intersection of N Lincoln Avenue and W Farragut Avenue, the corner lot is currently home to an existing one-story commercial building that is vacant and will be demolished. Grand Properties Acquisitions is the developer behind the project.