The proposed $350 million mixed-use development at 525 South Wabash Street is headed to the Chicago Plan Commission this week. If approved, it would bring the South Loop a pair of mid-sized towers, sharing a podium with a supermarket inside. The project is on South Wabash between East Harrison Street and East Ida B. Wells Drive.
Since this project was first conceived in 2019, it’s changed a bit. The hotel portion is smaller. The podium has been redesigned. At one time, it was going to be two tall towers, but now it’s one 36-story tower, and one 23-story tower. The smaller one gets the hotel Both will have apartments.