“We Will Chicago,” a citywide initiative from Mayor Lori E. Lightfoot‘s office has been launched to encourage and facilitate neighborhood growth by addressing social and economic inequities that hinder Chicago’s image as a so-called global city.
Structural work is now above grade for a 30-story apartment building just north of Morgan & Randolph in West Loop’s Fulton Market District. Residing under the address 160 N Morgan Street, this development by Sterling Bay and Ascentris will be one of the tallest towers west of the Kennedy Expressway at a height of 350 feet. Programming will include 282 rental apartments atop two levels of retail within its podium.
Renderings have been made public for an upcoming commercial structure at 151 N Michigan Avenue in The Loop. The site overlooks Millennium Park with the parcel sitting at the intersection of W Randolph Street and N Michigan Avenue.
Permits were issued last week for another three-story residential building at 3624 S Western Avenue in McKinley Park. Developer 3600 S Western LLC has received permits for neighboring properties with a similar scope. Like the previous projects, this building will include six total units and an attached garage. The lot is currently unoccupied.
Just west of the confluence of the Chicago River, demolition is now in full swing for the former Cassidy Tire building in Fulton River District. This five-story brick structure at 344 N Canal Street will give rise to a 33-story mixed-use tower developed by The Habitat Company in partnership with Diversified Real Estate Capital LLC. Plans call for ground-level retail and 343 apartment rental units above.
