Tagged : West Loop Real Estate

A beautiful new hotel project is being discussed for the West Loop and will be up for approval by the Plan Commission later this year. 

If approved, the new West Loop Hyatt Hotel will be built over at 113 N. May Street and is expected to house trainees of McDonald’s “Hamburger University” training program, which of course will also be moved to the city once the new McDonald’s headquarters is finished right down the street. 

The design of the new West Loop Hyatt Hotel has been slightly modified from the original proposal, which included a 19-story building with 220 rooms. The new revised design from Eckenhoff Saunders Architects now only stands 16 stories high with 200 rooms. 

For additional information on the fabulous new West Loop Hyatt Hotel,

The West Loop is easily one of Chicago’s hottest neighborhoods right now, and it’s also widely considered to feature many of the city’s best restaurants and eateries too. But along with all the trendy bars, restaurants, and cafes along Randolph Street and even a long stretch of Madison, part of the West Loop landscape also includes a lesser known sub-neighborhood called the West Loop Gate, which lies just across the expressway from what many consider to be the heart of the neighborhood.

Officially defined as the easternmost section of Chicago’s West Loop, the West Loop Gate almost acts as an extension of the Loop more than anything else, which is perfect for anyone who already works in downtown’s primary business and financial district. Unlike the western

It was all the way back in December of 2015 that plans for a new health-conscious hotel from the Equinox Fitness chain were unveiled, but since then, not much else has been discussed. 

But earlier today, Curbed Chicago hinted this large-scale new development could once again be on the horizon thanks to the posting of several new renderings on SkyscraperPage. 

Initial plans for the new Equinox Hotel called for a towering 369-foot high-rise that would include 145 hotel rooms and 20 for sale condos situated up on the building’s upper floors, but nothing appears to be official, even as these mysterious new renderings are posted.

The Equinox Fitness brand officially went public back in 2015 and hoped to expand the company’s brand into the hospitality

There’s hardly a hotter place to call home right now than the West Loop, although with how quickly homes, condos, and lofts move on the west side of downtown these days, there’s also hardly a more difficult place to secure a new place to live than this part of the city too.

But with so much new development going on in the area, and all the shops, bars, restaurants, and cafes that line streets like Randolph and Madison, many of today’s home buyers will be the first to say it’s worth the premium you might have to pay in order to one day call this vibrant part of Chicago home.

And speaking of Madison Street, the inventory of available lofts, condos, and apartments offers a broad range of options and opportunities right now, which is something you

Although the West Loop is easily one of the hottest neighborhoods in Chicago right now, convenience still plays a major role in deciding which home, loft, or condo feels like the right fit. And yes, finding a place that checks off as many boxes on your wish list still applies to even neighborhoods in Chicago that happen to be as popular as the West Loop.  

For home buyers considering a move to the area, it’s safe to say just about anywhere in the West Loop is desirable, walkable, and a great place to call home. But if you’re somebody who also relies heavily on public transportation, finding a condo or loft somewhere near the Morgan CTA station might be a great place to begin your search.

Centrally located in the West Loop, the Morgan CTA station

As widespread development continues all throughout the neighborhood, the West Loop real estate market continues to stay red hot. Once a bustling warehouse district full of industry, the West Loop landscape is much different in 2017 than it even was five or six years ago, let alone long before that.

The emergence of Randolph Street’s Restaurant Row has certainly helped elevate the West Loop into becoming a destination spot from a lifestyle standpoint, and large-scale office conversions like 1K Fulton have now made it one of the top work-live locations in all of Chicago. 

Now commonly referred to as “the Google building,” the conversion of the old Fulton Market cold storage building has certainly helped completely transform Chicago’s trendy Fulton

The Fulton Market District is a neighborhood that’s generating a lot of buzz lately, but mostly on the commercial side of things. Just recently, news broke about another loft-style office hitting the market on May Street, and of course the addition of the new Google building at 1K Fulton continues to create momentum for not just Fulton Market but also the entire West Loop area overall. 

But speaking of May Street, a couple of the West Loop/Fulton Market’s most expensive residential listings both happen to be inside the same building right now—312 N. May. 

The first unit here, a 5 bedroom, 4.5 bathroom loft with a whopping 5,000 square feet of living space, is listed for a cool $2,149,000, which doesn’t seem like a bad deal given it’s a living space

West Loop residents who are less-than-thrilled with how dense the neighborhood is becoming were recently presented with a revised plan to redevelop a site at 845 W. Madison. And while the original plan called for 627 units, the new version would still add 586 luxury rentals to the West Loop landscape, as well as 14 townhouse, 293 parking spaces, and about 10,000 square feet of retail space. 

Developers are also saying the revised version also greatly reduces its visual impact at street level, most notably when viewed from Adams & Sangamon Park, which sits directly across the street. 

In addition, the new design also includes a number of setbacks, which should help minimize shadows and still allow for the park to enjoy plenty of natural sunlight. If

The West Loop development boom continues as reports have now surfaced about developers proposing two new condo buildings near the recently demolished Harpo Studios. 

According to a recent post from DNAInfo, Peerless Real Estate Investments is hoping to bring two separate residential projects to 19-27 N. May Street and 1111 W. Washington Boulevard, which are two locations that are essentially right in the heart of Chicago’s West Loop neighborhood. 

Although plans are just now being presented to the community, the buildings would each stretch 9 stories high and each include 28 individual condo units if approved. In addition, developers are also planning for each unit to include between three and four bedrooms, with fairly large terraces connected to

Although Downtown Chicago’s luxury condo market seems to be making a strong comeback—see 4 E. Elm, 9 W. Walton, and 100 W. Huron—news about Circa922 being sold $75 million, or around $500,000 per unit, suggests the luxury rental market doesn’t appear to be going anywhere any time soon.

According to a recent report from Crain’s, Clarion Partners looks to be acquiring the 149-unit apartment building over in the West Loop—a location that, along with being extraordinarily hot over the past several years, should continue to attract renters will the opening of 1K Fulton, an ambitious new office project that will soon be the Chicago home of Google.

The entire Circa922 development includes an older, 45-unit building along with the new 10-story, 104 unit tower