Intriguing Conceptual Study For the Infamous Chicago Spire Site Has Been Released
Posted by Leo Clark. on
Another day, another new plan has been proposed for Chicago’s infamous Chicago Spire site, located just off Lake Shore Drive near Navy Pier. This time, architectural firm Gensler has drawn up a pretty impressive plan that fully takes advantage of the premium lakefront location, which is what seems to be raising eyebrows the most.
The concept is called Gateway Tower and not only is it a mega-tall high-rise that would re-define Chicago’s already spectacular skyline, but it would also add yet another highly-visited tourist attraction to downtown Chicago’s well-documented list of things to do when in town.
Unlike the original Spire design, which included condominium residences only, the focus of Gateway Tower would actually be more the building’s versatility,…
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According to multiple reports, it appears McDonald’s, the world’s largest fast food chain, is finally making its way to downtown Chicago. Crain’s Chicago initially broke the story late last week and to the surprise of some, the Oak Brook-based company will soon be making plans to move its corporate campus to the Harpo Studios site in the West Loop, where developer Sterling Bay plans to develop a brand new campus.
Although plans for 20 N. Loomis initially started to gain attention back in the summer of 2014, not much has been mentioned about the project since. Or at least until recently.
An impressive new mixed-use development has been proposed for a part of Lincoln Park that already has some minor traffic issues, which seems to be the primary concern of residents who already live in the area. Introduced by architect Marc Amstadter and attorney Sara Barnes, the new project is being planned for 2300 N. Clybourn (Clybourn and Ashland), which would require a zoning change from C1-3 to C1-5.
Unless you've been living under a rock for the past couple years, chances are you’re at least somewhat familiar with how crazy Chicago’s rental market has been, especially within the past 12 months or so. But as you might expect, Chicago isn’t the only major market that is seeing rising rents, and in fact, the Windy City is still faring much better than in major coastal cities like San Francisco, New York, and Los Angeles in terms of affordability.
It seems like forever ago that The John Buck Co. revealed plans for a towering 24-story apartment tower that will essentially be located right smack-dab in the middle of Chicago’s bustling River North neighborhood.
As we move through the busy spring market, new statistics are coming out regarding new construction in the Chicagoland area with some surprising, and not so surprising trends happening all throughout the city and suburbs. Let’s take a look at a few quick ballet points: