900 Randolph Street (164 N Peoria Street)

Tower Crane Assembled for Morris Adjmi-Designed 900 Randolph in Fulton Market District

This past week, the tower crane has been erected for a new 43-story mixed-use development in West Loop’s Fulton Market District. Planned by Related Midwest and dubbed “900 Randolph,” this 495-foot-tall tower will offer a combination of ground-level retail and 300 apartment units on the above floors. While marketing materials both on-site and on the developer’s website have listed 900 W Randolph Street as the address, a tip to YIMBY indicated that the project would eventually be switched back to its official address, 164 N Peoria Street.

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City Council Approves Rezoning For Residential Development At 3350 N Ashland Avenue In Lake View

The Chicago City Council has approved the rezoning for a residential development at 3350 N Ashland Avenue in Lake View. Located just south of the corner with W Roscoe Street, developer 3350 N Ashland LLC plans to demolish the existing two-story masonry commercial building built in 1988 and has sat vacant for multiple years. With 31,348 households within a mile of the lot with a yearly median income of $115,753, the developers hope to tap into the housing boom currently seen in the city.

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New Round Of Winners Announced For The Invest South/West Initiative

Three new winners of the city’s Invest South/West initiative have been announced by the mayor in Humboldt Park and South Shore. The three winners are located at 3601 W Chicago Avenue and 4000 W North Avenue in 2908 E 79th Street in South Shore. All together the three proposals represent a $126 million investment in the neighborhoods aimed at increasing the quality of life, adding equitable affordable housing while joining a list of seven past winners of the two-year-old program that are set to break ground soon.

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