A detailed report from Curbed yesterday shed some light on an impressive new condo development that could be coming to River North. Being planned for the surface parking lot at 300 W. Huron and sitting adjacent to Franklin Street and the “L” tracks, the project’s initial plans call for 71 luxury condominiums with 71 parking spaces, which would bring some much needed new construction condo inventory to a downtown market that’s over saturated with new apartment developments right now.
The developers, JFJ Development, brought on Hartshorne Plunkard Architecture (HPA) to design the new 24-story tower, which features a sleek modern exterior that blends in seamlessly with the River North landscape. For now, the exterior will mostly have a glass facade with some clad stone and metal panels mixed in between. Furthermore, the building will also include some commercial space on the ground level, with the on-site parking garage mostly occupying the second floor. Further details have yet to be released, however, one feature that has been announced is that buyers will have the option to add a mechanical vehicle lift to create a second parking space if they choose.
As mentioned by Curbed, the new tower coming to 300 W. Huron was slated to be taller, but after a request from Alderman Reilly to scale down the height was made in order to position the building a bit further away from the nearby Tuxedo Park townhouse complex across Orleans Street, the stunning new 24-story rendering you see above seems to now satisfy everyone, including what’s sure to be a wide range of anxious buyers.
Check out more information about new development coming to Chicago, or call Gold Coast Realty for all your downtown Chicago real estate needs!