Just as the CTA Blue and Brown lines attract development on the North Side, the new Green Line Cermak/Chinatown has drawn a proposal seeking to take advantage of Chicago’s new Transit Oriented Development ordinance.
The proposal was made public at a community event last night hosted by 3rd Ward Alderman Pat Dowell. The developer is the South Side’s own Draper & Kramer. It’s asking the city for a zoning change at 2109 South Wabash Avenue in order to construct a seven story hotel with an adjacent 25-story rental tower. They would sit at the corner of Cermak and Wabash replacing The Shrine, the area’s notorious nightclub.
The structure will also feature a whopping 48,000 square feet of retail at the ground level. The hotel will feature 140 rooms, while the rental portion will consist of 256 rental units ranging from studios to two bedrooms.
- Address: 2109 South Wabash Avenue
- Developer: Draper & Kramer
- Architecture firm: Solomon Cordwell Buenz
- Height: 256 feet
- Stories: 25 (rental tower) and 7 (hotel)
- Retail space: 48,000 square feet