Chicago Development News

Information regarding Chicago developments and new construction projects. From new construction condo and apartment buildings and to large-scale high-rises around Downtown Chicago, find out what’s being built in Chicago.  To learn more about new development, start browsing new construction real estate for sale in Chicago, or contact Gold Coast Realty—Chicago's premier luxury real estate brokerage!

There are currently 167 blog entries related to this category.

An affordable new apartment development could be going in soon close to the Logan Square Blue Line. The proposed seven-story project recently gained approval from the Chicago Plan Commission. It now goes before the full city council for approval. 

Described as a 100-percent affordable apartment project, plans call for half of the 100 rental units to go to CHA residents, while the rest are slated towards those earning at or below 60-percent of the area’s median income. Supporters of the project maintain the new apartments will fill a void for many residents at a time when low income, affordable housing in Chicago is said to be shrinking.  

Along with the new apartments, the project additionally calls for some parking, a public plaza, a community room

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It’s been about 4 years since plans for the Helmut Jahn designed condo tower at 1000 S. Michigan were introduced publicly, but after a long wait and a few bumps in the road, reports are out that construction is finally set to begin on Chicago's newest luxury high-rise next week.

Both Curbed and the Chicago Tribune are reporting that an official groundbreaking ceremony will happen on October 24th, and the event has been confirmed by the project’s developers.

When finished, the tower, called 1000M, will stand 74 stories high (896 feet) and have a major impact on the city’s lakefront skyline. The building will also have 40,000 square feet of amenities, including a pool deck, fitness center, music conservatory, and a Himalayan salt therapy room.

If all goes

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Hundreds of new hotel rooms could be coming to Fulton Market. Two new hotel developments have been proposed for the area, totaling more than 700 new hotel rooms. 

Developers for both projects recently presented their proposals at a pair of community meetings. Together they call for adding another 735 guest rooms and introducing new restaurants to the area.

One project aims for a Standard Hotel to go in at 1234 W Randolph. Developers scaled down the proposed building from 23-stories to 16-stories in an L-shaped design. 

The building also calls for a rooftop pool and bar, a restaurants and a public plaza. The developer hopes to begin construction later this spring.

A separate project is planned for 800 W Lake. This development calls for a

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Gold Coast DevelopmentAn existing parking ramp could soon transform into the site of a new condo tower in Chicago’s Gold Coast neighborhood. Developers recently released plans for the 40 W Oak high-rise.

The slender tower plans for just 90 upscale condos and 160 parking spaces. Some of those spaces would be reserved for the neighboring rehab center.

The 500-foot building is taller than some nearby buildings, but shorter than others. It’s said to still retain some signature style points of its architect, however, including ornamental balconies, a sculpted crown, stepped corners and vertical buttresses. Still, it has been toned down when compared to an earlier rendering of the project that was released last year.

The height of the building means it has to proceed through

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The site of a proposed 12-story condo building in River North could instead be transformed into a five-story hotel. The long-vacant site was once home to a film processing company.

That building was torn down two years ago with grand plans for luxury condos. Now it seems plans have changed once again for 61 W Erie.

The property owner recently announced plans for an apartment-style hotel, complete with retail space. The revised plan for the site complies with existing zoning, meaning the city does not need to grant its approval.

As of now, the building calls for a boutique hotel with just 29 hotel suites. Reportedly those hotel suites will look less like a traditional downtown hotel and more like upscale apartments.

The proposed hotel operator is Sonder.

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A new Chicago ordinance could make it more difficult for developers to push ahead with plans for condo-to-rental deconversion projects, according to reports. The City Council recently approved legislation that requires a larger percentage of condo owners to approve the sale of a condo building to developers.

Previously it took 75-percent of condo association members to approve selling every unit of a building in bulk. The new number stands at 85-percent of condo association members.

City leaders behind the new legislation say it gives homeowners who want to stay in their building more clout. They say past condo deconversion projects have led to the displacement of long-term condo owners who didn’t want to sell.

The new law comes as deconversion projects

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A proposal to build a 39-story apartment building, replacing the Barnes & Noble bookstore, has been abruptly withdrawn. The architecture firm Solomon Cordwell Buenz, proposed the development which would have contained 368 rental units, a rooftop deck with pool, and 19,000 sq. ft. of commercial space.

A public meeting was held on April 11th in which neighbors voiced concerns that the structure was too tall, did not blend into neighborhood well, would block views and create parking complications. 

Brian Hopkins, 2nd Ward Alderman, appears to agree with these concerns and has officially nixed the project. Another proposal made by Newcastle, slated for the northwest corner of State and Division is currently under review.

Their proposal is for an

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Logan Square New Construction CondosLooking for new construction in one of Chicago's hottest neighborhoods right now? If so, these new condo developments are all worth a closer look...

2136 West Lyndale Street 

Get ahead of the competition with a new construction condo at 2136 West Lyndale Street. The property offers contemporary style points, including open living space and high ceilings. You’ll also find large front decks, spa-like baths and SmartHome technology included with the new condos of this building.

2913 West Lyndale Street

Additional luxury new condo options exist at 2913 West Lyndale. The contemporary property offers up the advantage of private decks and hardwood floors, along with plenty of high-end luxuries and a location that’s just a short distance away from

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City Club Apartments has presented an initial proposal to redevelop a vacant Lake View parcel at the corner of Lake Shore Drive and Waveland Avenue.  

The proposal, according to reports, calls for 2 structures; a 5-story, 66-foot residential-use tower at the south end of the site, and a 19-story, 206-foot mixed-use tower to the north. The lot is one of Chicago’s few undeveloped lakefront sites, as has been a subject of speculation for some time.

Tressa Feher, Alderman Cappleman’s chief of staff, stated that the project is still a work-in-progress and specific details like height, design, and total unit count, are subject to change. According to Feher, “There are still legal ingress and egress issues and other easements that need to be worked out,

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West Town is one of the hottest neighborhoods in town right now and new construction opportunities are moving quickly. But if you're planning to be in the market for a new construction condo in West Town later this year, here's a closer look at several boutique projects that won't disappoint... 

2721 W. Haddon Ave.

With only a half-dozen units to choose from, the stylish new condos of 2721 W Haddon Ave are certainly worth another look. The open floor plans are complimented by large floor to ceiling windows and quartz countertops, plus a location that’s just a stroll away from the park, the beach, walking trails and more. 

815 N. Paulina 

Just steps from everything you want in West Town, 815 N Paulina offers stylish condos, some of which come

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