Water Tower Place Changes Hands On Michigan Avenue

The famed Water Tower Place Mall at 835 N Michigan Avenue on the Magnificent Mile has been turned over to its lender. Located between E Chestnut Street and E Pearson Street just south of the John Hancock Tower, the retail location has occupied the full block site since the 1970’s. Most recently owned by New York-based Brookfield Properties who operate retail locations across the nation, the mall will now be in the hands of MetLife Investment Management which is a part of the insurance company.

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Mahalia Jackson Plaza to be Built in Chatham

A new temporary community plaza is coming to Chatham. As reported by Block Club Chicago, the neighborhood addition could be completed as soon as summer 2022. The site which will span 8,500 square feet is to be located at the corner of E 79th Street and State Street and will honor legendary Gospel singer Mahalia Jackson who was a longtime Chatham resident. Mahalia Jackson is remembered as a vibrant pillar of the community and as one of the most influential figures in Gospel music.

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Initial Details Revealed For A Residential Development At 5853 N Broadway In Edgewater

Initial plans have been revealed for an affordable residential development at 5853 N Broadway in Edgewater. Located just south of the intersection with W Thorndale Avenue, the project would replace an existing one-story masonry building and its parking lot adjacent to the Broadway Armory community center. The current structure is utilized by the Streets and Sanitation Department, who will vacate the property. Local developer Bickerdike Redevelopment Corporation is working with Landon Bone Baker Architects on the design of the new mid-rise.

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New Permits Issued for 702 E 41st Street in Grand Boulevard

A permit was approved this week for a six-unit residential building located at 702 E 41st Street in the Grand Boulevard neighborhood. The developer on this project is listed as Red Van Construction. While there are a few larger units planned, each dwelling space will have a minimum of four bedrooms and have three and a half bathrooms, with all residents ranging between 2,400 to 3,200 square feet. The building will also include an attached two-vehicle garage and roof deck. Charles E Schwartz is listed as the architect of record for this project.

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