The sale of the land for the mixed-use development at 1234 W Randolph Street in Fulton Market has now been finalized. Located on the intersection with N Elizabeth Street and replacing a couple of commercial structures, the development can now proceed after originally being proposed as a hotel multiple years ago. Developers Azur Holdings and Golub & Company are behind the project with architecture firm SCB working on its design.
A preliminary construction permit has been issued for a major new residential project located at 1723 S Michigan Avenue in South Loop. The development will comprise a new 13-story building with a total of 149 residential apartment units and 98 parking spaces. The project’s ownership lies with the 1725 S Michigan Development Corporation.
A construction permit has been granted for a new residential development at 2636 W Evergreen Avenue in Humboldt Park. The approved three-unit masonry structure will be accompanied by a rear steel porch and a parking area, according to the permit description. The development will replace a now-demolished masonry residence.
The core and superstructure is now rising for Harper Court Phase II, located at 5201 S Harper Avenue in Hyde Park. Officially dubbed “Hyde Park Labs,” the mixed-use 13-story building is an effort between The University of Chicago, Trammell Crow, and Beacon Capital Partners. The 302,000-square-foot structure will consist primarily of lab and office space geared towards STEM-orient companies, while also introducing 4,000 square feet of retail. The University of Chicago will occupy a portion of the $225 million building for its own engineering and quantum research.
A ribbon cutting has been held for the new community center at 2724 W Cermak Road in Little Village. Located on the intersection with S Fairfield Avenue just south of Douglass Park, the new center redeveloped the existing two-story building that previously housed a public library. The project was developed by local nonprofit Latinos Progresando and designed by Canopy Architecture + Design.