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 180 blog entries related to this category.

Looking to buy a new construction condo in Chicago right now? Check out what’s currently available in the city’s hottest new construction condo developments currently in the works..

Vista Tower

Vista Tower is probably Chicago’s highest-profile condo tower under construction, mainly because of its size, its location along the river, and of course the renowned architect behind the memorizing project. When finished, we think Vista Tower will feature some of Chicago’s most luxurious living spaces, not to mention some of the most premium downtown and lake views you’ll find anywhere.

One Bennett Park

One Bennett Park is noted for its elegant limestone design and downright perfect location right in the heart of Streeterville. Designed by legendary

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West Loop New ConstructionFor new construction in the West Loop, you cannot go wrong with the luxury units of 1400 Monroe. The condo building is home to just 42 units, in both two- and three-bedroom designs.

Buyers can expect to find custom-designed kitchens and large master suites at 1400 Monroe. You will also find light-filled homes due to the loft-style windows, open floor plans and high ceilings.

Additional features include continuous hardwood floors and the addition of some smart home technology. The kitchens come with an island, quartz countertops and a wine refrigerator. 

The new condos additionally come complete with large balconies and functional storage space. This is on top of the sweeping views of nearby Skinner Park and the city’s skyline from the units of

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When it comes to the nation’s top 10 largest metro areas, Chicago had the smallest share of new housing units for 2019. That’s according to a recently released study by Construction Coverage.

The pace of housing construction in Chicago last year was less than half that of the rest of the nation. In Chicago, 19 housing units were built for every 10,000 people. When looking nationwide, the number was nearly 42 units per 10,000 people.

Los Angeles came in slightly above Chicago with 22.5 new units per 10,000 people. According to the study, the Chicago metro was also the only one in the top 10 that saw a dip in its population between 2013 and 2018.

Last year the Chicago area saw around 18,000 new housing units. More than half of them were multi-family units,

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An awe-inspiring, brand new, construction building located at 1157 W. Erie St. offers 9 luxurious condominium units. The building is an absolute eye-catcher with its spectacular 2-tone brick exterior, flexicore and concrete construction, and attached heated garage parking.

1157 is situated in a prominent area within the coveted West Town neighborhood. Comprised of several notable Chicago neighborhoods northwest of the Loop; West Town is a thriving community that has seen extensive development in the last decade and continues to evolve. Residents of this condo community are within walking distance to the Fulton District, West Loop, dining, entertainment, and much more.      

The luxurious units vary in size but all contain balconies, open spaces,

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Lakeview is home to a brand-new apartment building that was built with resident comfort and convenience in mind.

The luxurious Four50 apartment building, located at 450 Belmont Ave, was designed with smart materials and a sophisticated aesthetic. It contains units ranging in size from a studio up to a 2280 sq. ft. 3-bedroom apartment.

The property is packed with amenities including; a fitness center, intercom system, bike storage, secure parking garage, furnished lobby, pet-friendly areas, concierge services, and work-play lounge. Additionally, a roof-top terrace allows residents to watch the built in televisions, keep warm by the fire pit, and of course take in the beautiful city views from the 18th floor.

The Four50 Apartments are close to a

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Another major West Loop / Fulton River District project is finally moving forward after being long-discussed and approved. According to a number of reports, Vancouver-based Onni Group is ready to break ground on a new apartment tower at 354 N. Union Avenue, a vacant parcel that lies immediately south of K2.

For now, it seems like plans call for the development to stand 32 stories high and include 373 rentals and 143 parking spaces. The glass design is pretty similar to what you’ll see in most new construction apartment buildings these days and renderings can be found over on Curbed Chicago.

Additional details about 354 N. Union still aren’t available but one rendering shows an outdoor swimming pool at ground level. And given the building’s size,

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Hundreds of new rental units are headed to West Loop. It’s all part of a massive new development going up near Mary Bartelme Park in Chicago.

The new Porte development consists of two 17-story towers, complete with nearly 600 new residences. Ranging from around around 550 square feet for a studio unit to more than 1,500 square feet, the project serves up a variety of floor plans for renters to choose from.

There are also some two-level townhomes available for rent in Porte. The rental buildings also offer such amenities as a fitness center, demonstration kitchen, game room and a lounge.

In addition, the property makes room for a pool deck stretching between the two towers, a dog run and some co-working space. It’s expected the first residents of Porte could

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New Development in PlisenFor more than a decade, new development has been spreading through the Pilsen neighborhood like wildfire. Recent reports indicate the trend has accelerated  exponentially in the past couple years, helping to transform the predominantly  working-class Mexican neighborhood into a hotbed of new construction.

The area has seen housing prices rise to levels found in Logan Square and Humboldt Park and current listings show that the demand to live in this area continues to grow.

According to Redfin data, back in 2018, the Lower West Side community area, which includes the Pilsen neighborhood, has an average home price of around  $336K, which was an astonishing increase of nearly 200% since 2013.

The same report from early 2020 indicates that the Lower West Side

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Chicago South Works Development SiteChicago's planning commissioner is proposing the massive, 415-acre South Works site along Lake Michigan be split up and sold to developers in the future, according to new reports.

The 415-acre property is ready for development, but the commissioner thinks it’s too big for just one developer to take on. That’s because the property in question is larger in size than all of Downtown Chicago.

Still owned by U.S. Steel, the property was once home to a steel plant. Closed decades ago, the plant has since been demolished and the property has mostly remained vacant over the years.

Despite several attempts in the past to develop the property into housing and possible mixed-use space, nothing has ever been built at the site. Had a megadevelopment ever gone

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A proposed plan to demolish the Cassidy Tire Building located at 344 Canal St and build a new apartment tower appears to be moving forward. The Developer, The Habitat Company, along with local architecture firm, Solomon Cordwell Buenz, are planning to erect a 33-story building containing 343 apartments and 124 parking spaces according to Alderman, Brendan Reilly (42nd). The Habitat Company announced their plans to purchase the site back in May, stating that the Cassidy Tire Building is located in an ideal position for redevelopment.   

The building, designed by architect Henry J. Schlacks, has a rich history dating back to 1902 when it functioned as a factory and warehouse for the Tyler & Hippach glass company. Henry J. Schlacks is most known for

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