A 16-story residential tower is officially on the way to 30 East Balbo Avenue in the South Loop, now that the City of Chicago has issued a building permit to get foundation work underway:
Foundations only for a proposed 16-story residential high-rise with first floor retail and 134 total units (81-dwelling units and 53-efficiency units)
Yesterday’s permit means the gravel trucks on-site today will soon be replaced by caisson crews boring deep into the ground at the corner of Balbo and Wabash. Demolition crews made quick work of the 2-story garage previously occupying the site. In its place will rise the 150,000-square-foot apartment tower 30 East, developed by Gilbane Development Company.
Designed by friends-of-the-blog Solomon Cordwell Buenz, 30 East will provide 255 beds in 134 fully furnished apartments running the gamut of studio, convertible, two-bed, three-bed, even four-bedroom units. Lying as it does amidst several colleges, including Roosevelt University, East-West University, Robert Morris University, and others, Gilbane is gearing 30 East toward student living. Residents will be able to utilize a roommate-matching service, as well as a boatload of modern amenities and comfort features, such as outdoor fire places and fire pits, large-screen television (also outside) and gas grills.
30 East will also include 8,000 square feet of ground-level retail space. Power Construction is the general contractor tasked with completing 30 East for August 2017 occupancy.