There are two issues that by no means surrender hope: Canines, and the floor parking zone subsequent to Heritage Inexperienced Park.
The 250-space West Loop slab at 601 West Monroe Street has been the topic of at the very least 4 redevelopment plans since we began publishing 18 years in the past. From a modest 20-something-story office tower to smdp’s angular 38-story BP Tower to the 75-story workplace slant floated in 2013.
In the present day, the places of work are off, and despite all of the breathless posts from 20-year-old actual property bloggers, downtown residential is the hotness in Chicago. Once more. Solely this time, swap Pacific Attain Properties for Fifield, and swap SCB for smdp.
If Pacific Attain is unfamiliar to you, it’s a Canadian firm with properties in three American cities, and three cities within the Nice White North. Regionally, it’s possible you’ll realize it for Linea, the residence constructing situated at 215 West Lake Avenue in The Loop. Whereas not the primary Chicago constructing to have its personal theme track, it’s the first we are able to keep in mind to have 4 variations of its theme song, together with a home combine for the E.D.C. crowd.
This time, the plan for 601/625 West Monroe Avenue is a pair of residential blocks of 40 and 47 tales; only a skosh shorter than neighboring Presidential Towers, all 4 of which clock in at 49 tales.
Each buildings will share a retail and parking podium, with a small quantity of the retail going through the park. The remainder of the park will face right into a translucent wall that hides a seven-bay loading dock. The north-facing tower is predicted to be constructed first.
By the numbers:
- North tower
- Flooring: 47
- Residences: 527
- Retail house: 23,405 sq. toes
- Car parking: 397 areas
- Bicycle parking: 385
- West Tower
- Flooring: 40
- Residences: 516
- Retail house: 6,904 sq. toes
- Car parking: 33 areas