South Loop Project Seeks Approval For Two Towers, Hotel, Grocery Store

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.

December, 2020 rendering of 525 South Wabash
December, 2020 rendering of 525 South Wabash (Courtesy of BKV Group)

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.

  • Address: 523-45 South Wabash Avenue
  • Address: 63-69 East Ida B. Wells Drive
  • Address: 50-66 East Harrison Street
  • Developer: e-Terra+
  • Net site area: 53,842 square feet
  • Zoning: DX-12 → Business Residential Planned Development
  • Maximum height: 420 feet
  • Roof height: 376 feet, four inches
  • Floor area ratio: 16 (12 base + 4 bonus)

Location: 525 South Wabash Avenue, South Loop

Author: Editor

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

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