The Community Development Commission has approved the $96.9 million sale of the former Michael Reese Hospital site to the developers of the Bronzeville Lakefront megadevelopment in Bronzeville. Located at 2929 S Ellis Avenue, the property is bound by E 26th Street to the north, E 31st Street to the south, S Vernon Avenue to the west, and S Lake Park Avenue to the east. The developers for the site are a team called GRIT Chicago, composed of Farpoint Development, Loop Capital, Draper & Kramer, Chicago Neighborhood Initiatives, McLaurin Development, and Bronzeville Community Development Partnership.
Structural work has reached the third floor of 1039-41 W Belmont Avenue, a four-story mixed-use building currently underway in Lake View. Cumin Restaurant is the occupying owner, filed under the name Kathmandu Properties in the original construction permit. The new structure will replace a former two-story masonry building that received demolition permits in May 2019.
Renovation permits have been issued for a three-story residential building at 2215 W Chicago Avenue in West Town. MVRS Properties is the filing owner, whose plans include a rehab of the existing 12-unit structure, the reconstruction of the rear porch, and the construction of a six-car concrete parking pad.
Construction has topped out for 609 W Randolph Street, a 15-story mixed-use development near the heart of West Loop Gate. Planned by Vista Property Group and spanning over 100,000 feet, the 211-foot-tall tower is set to house 1,770 square feet of ground-level retail and office use on the remaining 14 floors. The base of the project will also restore and integrate a late 19th-century masonry building, while the new construction will replace a former parking lot.
Renderings have been revealed for a proposed mixed-use development at 4715 N Western Avenue in Lincoln Square. Located at the intersection of W Leland Avenue and N Western Avenue, the site is a city-owned public parking lot on the northeastern corner of the intersection. The Community Builders is the developer behind the concept.