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 221 blog entries related to this category.

Fulton Market Commercial Real EstateCommercial development is downright insane in and around Fulton Market right now, and one local developer has clearly taken notice. As first reported by Curbed, McCaffery Interests has recently updated a marketing plan for a prime location at 1201 W. Lake Street, taking a rather simple and conservative rendering and transforming it into a proposal that’s considerable more chic, stylish, modern, and what some might say a little more tech-centric.  

The exterior of the newly proposed commercial development at 1201 W. Lake will also go from having 89,000 square feet of space to 132,000 square feet, which will also include 16,000 square feet of retail space and even interior parking for 42 vehicles.  

Should the project eventually become a reality, the

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The West Loop development boom continues as reports have now surfaced about developers proposing two new condo buildings near the recently demolished Harpo Studios. 

According to a recent post from DNAInfo, Peerless Real Estate Investments is hoping to bring two separate residential projects to 19-27 N. May Street and 1111 W. Washington Boulevard, which are two locations that are essentially right in the heart of Chicago’s West Loop neighborhood

Although plans are just now being presented to the community, the buildings would each stretch 9 stories high and each include 28 individual condo units if approved. In addition, developers are also planning for each unit to include between three and four bedrooms, with fairly large terraces connected to

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Back towards the beginning of last summer, developers announced plans to build a luxury 27-unit condo building right across the street from Groupon’s headquarters at 600 W. Chicago Avenue. Since then, there’s been hardly any movement whatsoever with the project, and it appears now that Chicago-based Domus Group is switching gears and developing a totally new rental building instead.

According to reports, the impressive new design is from architecture firm Brininstool + Lynch, and once completed, the building will stand 4 stories high, feature 49 apartment residences, and also include some retail space on the ground level as well. It’s also worth noting that the building will also include indoor garage parking that will house up to 38 vehicles.

As of now,

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403 N. Wabash CondosRiver North is home to some pretty extravagant condo buildings, and as you may have noticed, its inventory of available units just got a little broader. Although strongly opposed by nearby neighbors because of safety-related concerns, condos at the controversial 403 N. Wabash development have now hit the MLS, all but making the project official. 

Now being called Renelle on the River, 403 N. Wabash is certainly an eye-catching development, and one that will stand 17 stories high and house just 45 new ultra-luxurious condominium residences. Each condo will include between 2,200 and 3,300 square feet of living space, and true to River North form, will also only feature top-of-the-line finishes and a collection of upscale lifestyle amenities as well. 

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Plans for a very impressive new project that could potentially bring a new high-rise to the highly coveted air rights space of Union Station have once again popped up on the radar, as first reported by both Crain’s and Curbed early last week.  

The project is being planned by Chicago-based developer Sterling Bay, and should construction finally move forward, the finished product could be a 958-foot high skyscraper to the Loop that looks to be one of the more dynamic commercial towers to hit downtown Chicago in quite some time. 

The design of the proposed Union Station tower is from the legendary and local architectural firm Skidmore, Owings & Merrill, which is behind countless high-profile projects all over the world. Once finished, the building

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Vista Tower ConstructionThe future of Chicago’s newest luxury tower officially starts today. In case you haven’t heard, groundbreaking for the city’s stunning new Vista Tower begins today, which when finished, will bring a collection of fabulous new hotel rooms and luxury condo residences to a prime location right alongside the Chicago River. 

When finished, Vista Tower will be Chicago’s third tallest building, standing 95 stories high and offering some of the most insane views of any building currently standing in the Windy City. 

According to reports, the project is brining 2,500 jobs to the city and has an estimated construction cost of $950,000,000. Despite all the hype and excitement surrounding Vista Tower condos for sale, don’t expect the building to top out anytime

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A fancy new condo development is seeking city approval that will no doubt feature some of River North’s coolest new condo residences once finished. What was originally planned to be a 10 story development from MCZ Development is now a pretty slick 12 story development from Chicago-based LG Development. 

Designed by NORR Architects, the rendering shows a sleek glass and concrete exterior that not only fits the trendy River North mold perfectly, but also provides residents with what look to be pretty spacious private terraces, large floor-to-ceiling windows, and reportedly on-site parking as well.  

Located at 61 W. Erie, the new project will only include 10 units and 10 ground level parking spaces, so options and opportunities within this fabulous

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Recent news reported by Crain’s continues to confirm The Loop’s on-going transformation into a red hot location for anybody looking for a downtown apartment—and this time, it’s looking like a vintage Loop commercial building could be slated for a residential conversion sooner rather than later.  

According to the report, an affiliate of Chicago-based Marc Realty Capital purchased 330 S. Wells Street for $10.1 million earlier this month, although specific plans as to what the developer plans to do with the property have not yet been revealed. 

Even still, the firm that acquired the property specifically specializes in developing apartments, and given demand for rentals in The Loop right now, speculation for a possible residential conversion

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It’s been a little while since we’ve heard about Riverline—the mega South Loop mixed-use development in the works that will totally redefine the neighborhood as we know it. But late last week, new details emerged about the project that directly relate to when we might finally see work for this massive undertaking begin.

According to a release from CMK Companies and Lendlease, the partnering developers for the project, groundbreaking for Riverline is finally expected to happen around the middle of next month, with the first phase expected to include two residential towers, 60 new townhouses, and a 3.5 acre riverfront park. 

Designed by Perkins+Will, Riverline will encompass a 14-acre parcel that currently acts as the last major development

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With so many new apartment developments coming through the pipeline, and now even quite a few condo buildings (see No. 9 Walton, 808 Wells, and 403 N. Wabash just to name a few), the Aurélien is a fabulous new rental tower that has to some degree slipped through the cracks a bit. 

Being built at 833 N. Clark, Aurélien will be a 31-story, 373 unit apartment tower when finished, adding to the already incredible collection of new construction rentals to be added to the growing Gold Coast/River North inventory.  

The project is a joint venture between Lincoln Property Company and Ryan Companies, while the building itself was designed by Antunovich Associates. Inside, Aurélien will be comprised of 78 studio and convertible units, 212 one-bedrooms, 76

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