Final facade work is approaching the finish line for the condominium conversion of Chicago’s iconic Tribune Tower, located at 435 N Michigan Avenue along the southern end of Magnificent Mile. The 462-foot-tall neo-Gothic tower was purchased by CIM Group and Golub & Company in 2018 as the namesake Chicago Tribune newspaper moved its headquarters to One Prudential Plaza.
The Commission on Chicago Landmarks has approved the final landmark recommendation for the Muddy Waters House at 4339 S Lake Park Avenue in North Kenwood. Built in 1891, the brick two-flat sits on a traditional Chicago residential lot and is placed midblock between E 43rd Street and E 44th Street.
A tower crane permit has been issued for the eight-story Life Sciences Building at Lincoln Yards, marking a key milestone as developer Sterling Bay kicks off its first building in the larger 53-acre Lincoln yards development along Chicago’s North Branch corridor. The permit address has been listed under 1229 W Concord Place, though the official address will fall under 1200 W Concord Place. The site of the new construction is a 60,000-square-foot parcel located at the southern end of the Lincoln Yards development boundary, just west of the river.
The Committee on Design has been launched with the review of a proposed mixed-use development at 1112 W Carroll Avenue and 315 N May Street in the West Loop. The committee is a group of volunteers that will review projects early in the Department of Planning and Development (DPD) review process. Recommendations will be non-binding and will be incorporated into the DPD internal review process.
Facade progress is rapidly taking shape for 932 W Randolph Street, a redevelopment of a former three-story bank in West Loop‘s Fulton Market. The development involves the re-skin of the existing structure, and a new three-level connected addition that will take on the same design. L3 Capital is the developer behind the 35,000-square-foot project, whose programming will be entirely commercial. Recent reports have confirmed that a new showroom for the electric carmaker Rivian will occupy the building. Last year, L3 Capital received approval to convert the existing zoning designation of the property from C1-2 neighborhood commercial district to DX-5 mixed-use district.
