Construction is now on the 15th floor of 300 N Michigan Avenue, a 47-story mixed-use skyscraper near the northeast corner of The Loop. Sterling Bay and Magellan Development Group have co-planned the 523-foot-tall tower, which will hold 25,000 square feet of retail, a 280-room citizenM hotel, and 289 apartments on the upper floors when complete.
The Department of Planning and Development for the City of Chicago will launch the Committee on Design as a part of the planning and review process for developments in Chicago. This new committee is aimed to establish a platform for standardized, elevated design while expediting the Department of Planning and Development review process.
Demolition permits have been issued for a two-story, multi-unit residential building located at 1942 N Oakley Avenue in Bucktown. Tilynn Bontrager is the listed owner for the property, which is currently zoned for RT-4. While it is currently unknown what the owner plans for the site, RT-4 will allow for a two-flat, a townhouse, a low-a density apartment building, or a single family home. The designation also permits a floor area ratio of up to 1.2, in which any new development’s square footage may be up to 20 percent more than the area of the lot itself. The maximum height for residential properties of this type is 38 feet.
Zoning has been approved for a mixed-use development at 3440 N Broadway in Lakeview East. The property is located between W Cornelia Avenue and W Roscoe Street and originally occupied by a parking garage that was recently demolished. Optima’s Optima Lakeview development at 3460 N Broadway is directly adjacent to this project site to the north. Rebel Hospitality is the developer behind the proposal.
Work has reached the second floor of a six-story mixed-use building at 61 W Erie Street in River North. Planned by LG Development Group, the building will house retail space on the ground floor and 28 units above. Seven of these units are studios, while the remaining will be larger live/work layouts.