It’s been a big year for new construction filings in Chicago. From Lakeshore Drive to Fulton Market, millions of square feet of new construction is proposed for the city. The square footage is based off of rezoning requests.
400 N. Lake Shore Drive
The largest filing for Chicago this year in terms of square footage belongs to a megaproject from Related Midwest. The developer filed plans earlier this year for a two-tower project at the former Chicago Spire site on Lakeshore Drive. The original proposal called for a large amount of office, residential and hotel space, but the developer is reportedly now in the process of reworking its proposal due to pushback.
1409-1471 N. Clybourn Ave.
The next largest filing for the year includes a mixed-income residential complex located in the Near North Side. The proposal from Hunt Companies and Imagine Group calls for a 21-story residential building, two clusters of townhomes and an eight-story building on land previously belonging to a high school. It’s part of the former Cabrini-Green redevelopment plan.
723-741 W. Randolph St.
Related Midwest also has another major project in the works. This year it filed for an 18-story office building and an Equinox-branded hotel in the West Loop.
1000 W. Carroll Ave.
Two more massive projects filed in 2019 sit in the Fulton Market neighborhood. Sterling Bay is the force behind a proposed 18-story office tower. It also has a proposed 11-story building just across the street and sits adjacent to the developer’s redeveloped Google Midwest headquarters.
1200-1234 W. Fulton Market
The final massive filing this year belongs to Ryan Companies. The developer wants to build two mixed-use buildings consisting of office space and retail space. Reportedly dubbed “Axis West at Fulton Market”, reports suggest one of the buildings would rise up 300 feet.
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