Chicago Real Estate News & Neighborhood Notes

The weather is getting warmer and that means it’s a great time of year to check out some of Chicago’s best rooftop bars and restaurants. Many of them are now open and welcoming customers.

Cindy’s

Some of the best roof bars sit on top of local hotels. Cindy’s is a rooftop restaurant and bar that tops the Chicago Athletic Association Hotel. It’s a good place to enjoy a cocktail while taking in views of the lake, Millennium Park and the city.

Boleo

Boleo sits high above the Kimpton Gray Hotel. The retractable glass roof is a nice touch when the weather is nice, plus the bar also features small tables and cozy couches.

The J. Parker

You’ll also find a retractable glass roof at The J. Parker. The rooftop bar is open year-round and serves up

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Lincoln Yards GroundbreakingThe first groundbreaking on a new mixed-use campus in Lincoln Yards could happen this summer. In July, developers plan to start construction of a new life sciences facility on the site.

Sterling Bay plans to start with a 320,000 square foot lab building. Crews will also be doing some other infrastructure work at the site.

It’s all part of the first phase of a new North Side megaproject. The life sciences research center is a planned eight-story building that is expected to go in on the southern edge of the $6 billion campus.

If all goes as planned, construction of the research center will mark the very first new building on the 55-acre site. Initial development could take at least three years.

Plans also include hundreds of apartments, an

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New Fulton Market Rental ProjectsSurprise, surprise—more MAJOR development news in Chicago’s fastest-growing part of town, Fulton Market. According to a recent report from Crain’s, Chicago-based LG Development is now scrapping plans for two office buildings and a hotel and instead eyeing a new vision that would potentially include over 1,000 apartments combined.

The collection of new projects will feature a 20-story, 179-unit apartment tower along  Lake Street between May and Racine Streets; a 33-story, 486-unit apartment building along Lake Street and bounded by May, Racine, and Randolph streets; and another 400-unit apartment tower a block away at 210 N. Aberdeen Street.

With so much office space already new to the area, new residential development could soon be widespread thanks

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Fulton Market New ConstructionMore than 1,000 new apartments could be coming to Fulton Market. A Chicago developer is backing off on original plans to construct a new office building in the area, and instead reportedly plans to add more apartments to the former meatpacking district.

Prior to the pandemic, plans had called for an 11-story office building in the middle of Fulton Market. The plan has now switched to a 20-story apartment building with 179 residential units on the north side of Lake Street.

That’s in addition to a more than 480-unit apartment building the developer had already proposed for the south side of Lake Street. In addition, the same developer is looking at nearly 400 additional apartments for a separate project about a block away.

A few months ago, city leaders

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Chicago's Newest Restaurants

If you’re looking for a great place to grab a bite to eat in Chicago, you’re certainly in luck. The city if filled with fantastic options. It just so happens that some of Chicago’s newest restaurants are rising to the top of the list.

Kasama

Diversity is key in Chicago, and some of the best new restaurants are full of some great options. Kasama is a Filipino restaurant in West Town. It serves breakfast, lunch and dinner items, including fried spring rolls, a Filipino barbeque platter, braised brisket and more.

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TenGoku Aburiya

TenGoku Aburiya is a new spot to check out for authentic Japanese cuisine. The restaurant dishes up

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One Bennett Park Luxury Condos Since its completion in the spring of 2019, One Bennett Park has been widely considered one of the premier residential towers in all of Chicago. The building’s elegant design from Robert A.M. Stern Architects blends in perfectly with other neo-deco and neo-Gothic styles found throughout the city and the 1.7 acre park just outside the front doors only add to its exterior beauty. But just what exactly makes it one of the city's finest places to call home? We explored 4 simple reasons why below...

It has a park just right outside the front door

Not many condo buildings in Chicago buildings provide direct access to a 1.7-acre park, which is one of the more unique features of One Bennett Park. Designed by renowned outdoor landscape architecture firm

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One Chicago Condos River NorthAs a mammoth two-tower condo development located right where River North and the Gold Coast connect, there is a lot to take in when it comes to the new One Chicago complex.

Connected by one central podium, the design of One Chicago is inspired by the city’s famous Art Deco buildings but will ultimately feature a sleek glass exterior that seemingly blends new with old. The residential portion of the main tower will start on the 44th floor and will include 77 ultra-luxury residences with unimaginable views of the city and lake.

Included as part of the living experience will be a wide-range of sophisticated building amenities that are as bold as the development itself. Residents are offered an exclusive membership to Life Time Athletic Resort and Spa’s

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Guild Apartments ChicagoWith so many high-profile developments currently under construction, you might have missed that the latest project coming through the pipeline in Chicago’s Gold Coast neighborhood has officially broken ground.

Located at 1210 State Parkway, the new 12-story tower called “Gild” will feature 91 luxury apartment residences and also additional retail space on the ground level once finished.
The building’s design is from CallisonRTKL and will feature a wide-range of floor plans and layouts that  include studio, one-bedroom, and two-bedroom units.

As with most new construction apartment buildings in downtown Chicago, Gild will also have a desirable mix of common building amenities, including two outdoor gathering areas, a private clubroom, a

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Rent Money Closing Cost Credit Chicago New ConstructionIn case you missed it, one local developer is currently offering an intriguing incentive to buy at a brand new building that also involves, well, renting. As first reported by Crain’s Chicago Business, Lendlease is rolling out a new deal that allows buyers to rent a unit in the building next door while they wait for their new condo to be finished. And to top it off, a portion of the rent you pay in the interim will go towards the purchase of your new condo. 

Clever to say the least, Lendlease is actually offering this deal at two pairs of buildings: the first at its Southbank development and most notably at Cascade and Cirrus in Chicago’s highly sought-after Lakeshore East community. 

In terms of the specific breakdown, half of a buyer’s monthly

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Hotel Room Serive Condos Chicago ILWhen it comes to the ultimate luxury living experience in Downtown Chicago, hotel-condos are cream of the crop. Buildings like Trump Tower, Waldorf Astoria, and Park Tower have been a top choice for years, and with the emergence of the St. Regis Chicago, options and opportunities for a lavish and luxurious hotel-condo have never been stronger here in the heart of the Windy City.

Waldorf Astoria 

If you’re wanting something right in the middle of all the action, Chicago’s Waldorf Astoria absolutely checks that box. The building is just steps from lively Rush Street, and all the shopping and dining along the city’s famed Magnificent Mile is also only a block from the lobby’s front doors. 

The St. Regis Chicago  

Along with being one of

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