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 177 blog entries related to this category.

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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To accommodate growing needs of employees, PepsiCo will be relocating its Chicago offices. The new location will be 433 W. Van Buren St and will be the home of their; Sports and Juice portfolios, Quaker Foods, and Pepsi's North America Central Division.

The move will “meet the growing needs of current and future talent by creating a more agile and productive working environment for employees,” according to to a representative of the company.

The beverage giant signed an 8 year lease for a space measuring 192K sq. ft and are planning to move around the end of next year. PepsiCo with their 1300 employees will be the 3rd largest tenant within the building.

The new offices are expected to be a state-of-the-art workspace which will increase employee

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Chicago New Construction The city’s Planning and Development Department is becoming more involved in smaller neighborhood projects. A notable project is the 11-story apartment development at 1212 N. State St. which has revised its design and property line locations.

The proposed changes to the building include lowering the unit count from 102 to 91, increasing the height from 121 to 128 feet, and shifting the tower backwards 15 feet from the northern property line to provide neighbors more space. The aesthetic revisions like using a warmer colored brick, come from Chicago developer, Newcastle Limited and  architecture firm CallisonRTKL. Current rendering may be viewed online.

The space also contains 30 parking spaces, a ground-floor retail component, and roughly 15,000

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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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