Aside from 4 E. Elm and 9 W. Walton in the Gold Coast, much of Chicago’s new development news in recent years has largely related to luxury rentals, but according to reports, an ambitious new luxury condo project could be making its way over to the West Loop if River North-based Taris Real Estate has its way.
Earlier in the week, DNAinfo.com broke the news about plans for a striking new 10-story condo development proposed for 900 W. Washington over in the West Loop neighborhood, which currently occupies a small, one-story office building.
In short, the project would only include 24 ultra-high-end condo residences with anywhere from two to five bedrooms and a price point starting at more than $500 a square foot. Included in the development would also be 23 parking spaces, but as of now, 900 W. Washington is currently zoned DX-3, with the developer seeking a DX-7 zoning designation.
Despite West Loop residents usually having strong resistance for dense residential development proposals, it’s clear developers are really trying to appease those in the community by sticking with a design that coincides with the neighborhood’s chic industrial ambiance, drawing inspiration from historic warehouse construction that fits in rather nicely with the area’s surrounding architecture.
And even with only 24 units included in the project, it’ll be interesting to see if the sleek new project at 900 W. Washington eventually comes to fruition.
CHECK OUT INTERIOR RENDERINGS OF 900 W. WASHINGTON BELOW: