Gold Coast Jewel
The Jewel-Osco at Clark and Division closed temporarily over the summer to give way to a 35-story luxury rental apartment building. The building, called the Sinclair, began construction shortly after the $41.1 million overhaul of the Clark/Division Red Line station finished in the summer. The building will include a new flagship Jewel-Osco and come with more than $1 million in community improvements, including enhanced landscaping and decorative street lamps. Apartments in the building will be up for lease in the fall of 2016.
Wolf Point Towers
Wolf Point, the land at the foot of the north branch of the Chicago River, will soon be home to three new towers—a venture headed up by the Kennedy family. The 48-story Wolf Point West is set to open in early 2016 with more than 500 residential units. The two other buildings will each be taller than Wolf Point West, and the trio will soon block out the Sun-Times building (which is no architectural wonder).
200 N Michigan
A 41-story, 402-unit residential tower at Lake and Michigan is due to wrap up by mid-2016. Next to the Carbide & Carbon Building, the new tower is dubbed MILA—a fusion of Michigan and Lake. The units will bring a surge of residents downtown—part of a larger movement that could make the Loop a desirable place to live (shocker!).
Block 37 Tower
Last fall, ground broke on a 34-story residential tower at Block 37, the five-story Loop mall that Mayor Richard M. Daley once hoped would house an underground CTA “superstation.” The tower will be situated atop the northern end of Block 37 and, according to real estate investment firm CIM Group, will contain 690 units. This project is one of several that plans to bring close to 10,000 residential units to the downtown area by the end of next year. Chicago is quietly having a construction boom, people.