Construction Update
Huge New Tower May Be Ready to Sprout in the South Loop

801 South Financial pre-construction (Courtesy of South Loop Spy Drew)

801 South Financial pre-construction (Courtesy of South Loop Spy Drew)

Spring is in the air, and the last round of skyscraper seeds planted in the echoing halls of Chicago City Hall are starting to sprout around town.

One of the larger ones appears to be starting to push up dirt in the South Loop.  That’s where South Loop Spy Drew tickled our tip line when he spotted construction crews busily digging, pushing, marking, and otherwise disturbing the soil just north of the new British International School of Chicago, South Loop.  It appears that 801 South Financial is getting ready to rise.

Diagram of 801 South FinancialWhat is 801 South Financial, you ask?  Why, it’s a 33-story residential tower that actually looks like two towers “side by each” as they say in Wisconsin.  Designed by Pappageorge Haymes, the building will have just under 500 homes when completed on the block bounded by West Polk Street, South Wells Street, West 9th Street, and the Metra tracks.

This building will come as a surprise to a good number of people. Especially people who have moved to the South Loop in the last decade or so.  That’s because it is considered merely the development of Subarea IV of Planned Development number 523.  The size and scope of the building were approved in January of 1999, but it was only this past December that the actual plans for it were filed with the city.  If the building was higher than 380 feet, then there would have to be a big public presentation before the Chicago Plan Commission.  But since it isn’t — no harm, no foul.

If you’re a real old-timer, you might even consider this the continuation of the LaSalle Park project, designed by Lohan Associates, which was approved way back in 1991 but never built.  For a long time, the developer kept asking for an extension to starting construction, and for a while it appeared the only thing that would materialize here was a huge CTA bus turnaround depot.  Then the Roosevelt Road Target store happened, and the rest is history.  Firehose time:

  • Address: 801 South Financial Place
  • Developer: Wood Partners
  • Architecture firm: Pappageorge Haymes
  • Height: 354 feet
  • Residences: 496
  • Parking spaces: 348
  • Residential entry: Off South Financial Place
  • Parking entry: Off South Financial Place
  • Loading dock: Off West Polk Street
  • Dog park between the building and the Metra tracks
  • Basement parking!  Whaaaaaa?


  • 31-33: Penthouses
  • 5-30: Residences
  • 4: Amenities deck, Residences
  • 2-3: Parking, Mechanical, Residences
  • 1: Lobby, Parking, Mechanical
  • B1: Parking, Mechanical

Diagram of 801 South Financial

Location: 801 South Financial Place, South Loop

Author: Editor

Editor founded the Chicago Architecture Blog in 2003, after a long career in journalism. He can be reached at

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