The new apartment tower being perched atop the Block37 mall, transportation, and office complex had its official groundbreaking ceremony yesterday. But what do you do when you want to have a groundbreaking and there’s no ground to break? Chips and dip in the pedway.
Chicago Architecture Blog photographer Milosh Kosanovich was there as the CIM Group hosted 42nd Ward Alderman Brendan Reilly and a gaggle of real estate types at the event for the new skyscraper at 25 West Randolph Street. They shook hands, made speeches and noshed from large bowls as shoppers, commuters, and vagrants shuffled between the CTA Red and Blue line subways.
The Block37 expansion is the latest, and largest, residential project to go up in recent years as more and more people move into downtown Chicago. Other recent residential skyscrapers include the 215 West Apartments and 200 Squared, a couple of blocks away. The Block37 tower is much bigger, sporting 690 residences.
Here’s the original announcement from last month from the CIM Group:
CHICAGO – September 11, 2014 – CIM Group announced today that it has secured its initial permits for the construction of a 34-story, 690-unit apartment tower above Block Thirty Seven, the existing five-level, 275,000-square-foot shopping, dining, and entertainment destination located in Chicago’s Central Loop. The residential tower is the last phase of the development program for Block Thirty Seven and helps to fulfill the city’s long-term vision for this pivotal State Street location.
The tower, positioned on the northern portion of the block, will offer sweeping city views, a fifth floor amenity deck including an outdoor pool and spa, a rooftop spa and fitness center, and other top-tier resident amenities and services. Construction will commence with the installation of barricades.
CIM brings its experience and success in creating urban mixed-use properties in major U.S. markets to the development of the residential tower. The company’s program for Block Thirty Seven is designed to enhance the area by providing real estate products that are currently underserved and complementary to those already provided in the community, and will continue to support the ongoing residential growth within The Loop.
Block Thirty Seven is located in the heart of Chicago’s State Street retail corridor, which attracts millions of local customers and visitors annually. CIM identified Chicago’s Central Loop as possessing the attributes that fit CIM’s investment model that focuses on urban districts positioned for economic expansion with solid infrastructure and transportation networks.