More possible large-scale development could be coming to River North, and this time it involves both commercial and residential real estate. First brought to our attention by our friends from Curbed Chicago, the new plan, which involves an 8-story office building and a 22-story residential tower, will be presented later this month during a public meeting by its would-be developers, Centrum Partners.
If approved, the new project would take the place of a parking lot that currently occupies 215 W. Hubbard, but unlike many new developments going on around downtown Chicago, this one poses some unique challenges.
If you refer to the renderings, you’ll see that elevated L tracks curve directly through the northwest corner of the lot, and as a result, the 8-story office tower will actually have to curve with the tracks, which consequently gives it a pretty slick looking facade.
Along with that, the exterior of both buildings will be almost entirely glass, and as noted by Curbed, the taller residential tower would include 193 apartments and 92 parking spaces that would serve both buildings—at least for now.
Again, nothing at this point is approved, but given the developers are willing to work around the challenges the L tracks pose at this particular address, it seems like a win-win for everybody involved, including the River North real estate market.
For those interested, the public presentation for the 215 W. Hubbard development will be held at the Paris Club (59 W. Hubbard) on March 31st at 6 p.m.
Photos: SkyScraper Page Forum (Spyguy)