Tagged : South Loop Development

As first reported by the Chicago Tribune, ground has officially been broken on Essex on the Park, a high-profile new apartment tower located at 808 S. Michigan Avenue in the South Loop. But as impressive as this new 479-unit tower looks, it’s not the only major project underway around this part of the neighborhood.  

Construction for a 76-story apartment building at 1200 S. Indiana also began last month, which will also add an additional 792 ultra-luxury rentals to the expanding South Loop market. This particular development, which is being called One Grant Park, was designed by New York-based architect Rafael Vinoly and also include a second tower, which is already planned.  

The Helmut Jahn-designed tower at 1000 S. Michigan is also in the works,

Jaw dropping news from our friends at Crain’s Chicago today, as it appears a development group is looking to build FIVE towers with nearly 2,700 residential units just four blocks south of the Willis Tower.

What would be a joint venture between Chicago-based CMK and Australian construction company Lend Lease Group, the entire project would encompass the 7.3 acre riverside parcel between Harrison Street and the River City condominium complex at 800 S. Wells.

According to reports, the largest of the 5 buildings would be on the north end of the site, standing 47 stories high and housing 626 residential units. As of now, it hasn’t been determined whether the project will include rentals or for-sale housing, or perhaps a combination of both.

Although some