Another piece of the former Montgomery Ward complex in River North is going to be redeveloped.
Over the Easter weekend, 42nd Ward Alderman Brendan Reilly e-mailed his constituents letting them know about a residential tower called The Hudson proposed for 750 North Hudson Avenue. The message was a little short on details, but we did a little digging and know a few things.
This is the northern half of the block just east of the former Montgomery Ward Tower, along Chicago Avenue, and just across the street from the never-built 13-story Cleveland Tower (464 West Chicago Avenue) by Loewenberg Architects.
Back in 2002, the city issued permits for the foundation work to be done not only for a 24-story 750 North Hudson skyscraper, but also for a group of townhouses on the southern half of the block. Those townhomes were built, the tower was not.
The site is zoned for up to 300 residences, and a maximum building height of 350 feet. Mr. Reilly’s notice indicates that the building will actually be just 25 stories, with 240 residences. Ten thousand square feet of retail space and a pocket park are also planned.
Back in October of 2012, Crain’s Chicago Business reported that the property had been purchased by the Onni Group out of Vancouver, British Columbia which intended to develop the property sooner, rather than later. It now appears that “sooner” is here.
The River North Residents Association will hold a meeting about the proposed tower next Monday (April 28, 2014) at 6:00pm at the Kinmont Restaurant on West Superior Street.