Tagged : Chicago Development News

A beautiful new hotel project is being discussed for the West Loop and will be up for approval by the Plan Commission later this year. 

If approved, the new West Loop Hyatt Hotel will be built over at 113 N. May Street and is expected to house trainees of McDonald’s “Hamburger University” training program, which of course will also be moved to the city once the new McDonald’s headquarters is finished right down the street. 

The design of the new West Loop Hyatt Hotel has been slightly modified from the original proposal, which included a 19-story building with 220 rooms. The new revised design from Eckenhoff Saunders Architects now only stands 16 stories high with 200 rooms. 

For additional information on the fabulous new West Loop Hyatt Hotel,

The Chicago Housing Authority (CHA) has apparently put plans to build a high-profile mixed-use development on hold, which would have included brand new retail space and at least 436 residential units.

According to a recent report from Crain’s, the impressive Holabird & Root-designed complex, which is detailed in the video below, never really got far beyond the initial proposal phase thanks to the city essentially lacking the resource to develop three Cabrini-Green projects all at once. 

Had the project moved forward, the complex would’ve been situated at a prime corner lot at Halsted and Division, which currently sits vacant just waiting to be developed. 

As noted by Crain’s, no timetable has been set for eventually building out the Halsted and

More jaw-dropping development could be on the way for the New Eastside, and no, we’re not just talking about Vista Tower, which is currently under construction with listings already on the MLS. 

According to a series of reports, a number of mixed-use towers are currently in the works for one of the largest urban development projects in the country, and if built, would bring hundreds of additional residences and hotel rooms to the fast-growing neighborhood.

Two of the new towers, which would be a joint-collaboration between Magellan Development and Australia-based Lendlease, would top out at 80 stories and 50 stories respectively and be situated right alongside Lake Shore Drive just south of the river.

A third tower is also being discussed that

Earlier today, Crain’s Chicago unveiled a series of spectacular new renderings of what could take over what’s essentially one of the last undeveloped parcels in all of River North. 

Officially located at 443 N. Wabash, the owners of the existing Shops at North Bridge shopping mall appear to be floating around an idea that would essentially involve adding a fairly complex network of elevated pedestrian bridges that would connect the existing shopping mall to a new proposed tower that could possibly include additional retail space, residential space, and maybe even a hotel, according to reports. 

Macerich, a real estate investment trust that currently owns the Shops at North Bridge along with 48 other shopping centers, originally bought the Shops at

In development news that doesn’t involve the West Loop or River North, reports have surfaced about a possible zoning approval for the first phase of a new 500-unit apartment building expansion in downtown Chicago’s Medical District, which would involve the construction of a new 19-story, 254-unit tower that would inevitably replace two existing parking garages. 

Slated fore the northeast corner of Ashland and Taylor, if approved, the new bKL Architecture-designed tower would also include about 28,000 square feet of retail space and parking for 245 cars. 

The second phase of the potential development would also involve a second tower to eventually be built, as well as the complete overhaul of an existing apartment building that already has 410 units.

Filed under “something you don’t see everyday,” a new high-rise project  in River North has recently been revealed that will combine office space and a new firehouse, which on the surface seems like an odd mixture. But upon further review, the bold idea actually make a lot of sense, both for the city and for the developer behind the project. 

According to reports, developer Albert Friedman has already reached a deal with city officials regarding the new development, which would include about 614,000 square feet overall, including the new firehouse that would replace the existing Engine Co. 42 station located at 55 W. Illinois. 

As alluded to above and as first detailed by Crain’s, the project seems to be a win-win for both the city and Friedman, who

As commercial development continues to transform Chicago’s West Loop and Fulton Market neighborhoods, developers are also planning more apartments to serve what will inevitably be a substantial influx of people wanting to live nearby. 

According to a recent report from Crain’s Chicago Business, Naperville-based Marquette Cos. is planning a 263-unit apartment building for a site over on the southwest corner of Lake and Ada streets, which happens to also lie just a block north of Chicago’s famed Restaurant Row. 

Should the project move forward, the building will reportedly be designed by Brininstool & Lynch and stand 10 stories high once finished. As noted in the Crain’s piece, developers love the location of Lake and Ada, which feels slightly less

The glassy new tower proposed for 1326 S. Michigan has officially received the “okay” from the city to begin construction, according to a new report out from Curbed Chicago that also outlines only the foundation permits have been issued to this point. 

One of several major developments that will no doubt change the landscape of Chicago’s South Loop in the coming years, 1326 S. Michigan will rise 47 stories once finished and add 500 more apartments to Chicago’s rapidly expanding inventory of downtown rentals. 

Dubbed “SoMi”—at least for now—1326 S. Michigan was designed by Chicago-based Solomon Cordwell Buenz and will also include brand new retail space along Michigan Avenue, as well as parking for 190 vehicles. 

 Local developer Murphy

In case you haven’t noticed, Chicago’s Uptown is transforming into one of the city’s most distinguished up-and-coming neighborhoods. Along with a number of large scale residential projects either already underway or currently being discussed, plans for another apartment project were just recently revealed that will only add to the neighborhood’s future appeal. 

According to reports, a vacant lot and old auto repair shop at 4906-4918 N. Clark Street near Andersonville could be developed into a chic new apartment building that could hold as many as 60 rentals and from the looks of it even plenty of ground level retail space as well.  

As of now, nothing has been made official and developers still need to present the project to Uptown’s Zoning Advisory

The Bucktown neighborhood is easily one of the hottest locations on the west side right now, and arguably one of the hottest locations in all of Chicago. Homes and condos are selling faster than ever right now not only in the Bucktown area, but also in several of its neighboring communities like Wicker Park and Ukrainian Village. 

Development around Bucktown has also been on the upswing over the past year, and projects like The Row are catching the attention of home buyers from all over town, and for good reason. That particular development, which lies along Winnebago Avenue not far from the heart of the neighborhood, offers a great location, tons of living space, and plenty of high-end interior finishes to top it all off. 

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