Chicago Plan Commission Approves New Luxury Condo Tower and Distribution Center

Posted by Leo Clark. on Sunday, November 29th, 2020 at 8:50am.

Chicago New ConstructionThe Chicago Plan Commission recently gave its approval to two major projects. The first is a new condo tower in the Gold Coast.

The 35-story building is slated to go in at 40 W Oak Street, just across the street from a local library and elementary school. Plans call for 75-units to grace the luxury tower. The original plan was for 90 condos in a taller design, but it was pared back after feedback from the community.

It will also include some new parking spaces. The entire Gold Coast project replaces an existing parking garage.

Despite some opposition, the commission also recently narrowly endorsed a new Amazon shipping and logistics center. It’s scheduled to go in at 2424 S Halsted Street in Bridgeport.

The 112,00 square foot distribution center includes 15 loading docks. Plans also call for hundreds of parking spaces and some new landscaping along the South Branch of the Chicago River.

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