The City of Chicago has issued construction permits for the foundation of 545 North McClurg, the 45-story mixed-use development formerly known as 410 East Grand.
Designed by friends-of-the-blog, SCB, it is a joint project between Chicago’s Golub and Boston’s The General Investment and Development Companies. G.I.D. describes the building thusly:
The project will be constructed on one acre of land with 45 residential stories and a seven level parking garage. The unit mix will consist of 12% studios, 8% convertibles, 59% one bedroom units, 20% two bedroom units, and 1% three bedroom units, with an average overall unit size of 830 square feet. Once completed, unit finishes will include quartz countertops with under-mount sinks, tile backsplashes, hardwood flooring, and stainless steel appliances with gas stoves. The property will feature an outstanding amenity package that will include a rooftop pool deck and club room on the 45th floor, with sweeping views of Lake Michigan and The Loop, as well as a 9th floor amenity level with fitness center, spa, community room, business center, game room, media lounge and outdoor garden terrace. The building will also include 5,200 square feet of ground floor retail space at the corner of Grand and N. McClurg.
This building has been a long time coming. We first reported on it almost four years ago. Earlier this month, Streeterville Spy Jody sent in photos of construction equipment tooling around the site, but this $5 million foundation permit means that real construction is imminent.