These days every real estate developer and his horse seems to have a plan for a 2,000+ home mega project in downtown Chicago. The latest cowboy to push through the bat-wing doors of this saloon is Vancouver’s Onni Group, with Halsted Point.
You may remember Onni from its work-in-progress, transforming Atrium Village into the quad-towered Old Town Park. But that’s not big enough. The Rain City real estate wranglers have detailed their plans for the old Greyhound bus yard at the southern tip of Goose Island.
We first told you about this project 14 months ago. Back then, this was the best information available:
offices, hotels, shops, up to 2,500 new residences, and even a pedestrian bridge linking its new district with the old Montgomery Ward catalog warehouse across the Chciago River. Unless you’ve been in the doghouse for the last 10 years, you know that building is now called 600 West Chicago and draws tech companies like fleas on a basset hound.
Now we know it’s going to be even bigger than expected, with 2,650 new homes, and 1,470 parking spaces in five skyscrapers.
Phase 1 is a 46-story residential tower with a five-story podium on the southeast corner of Halstead and Hooker Streets. (Hooker Street was named for Civil War General Joseph Hooker. Get your mind out of the gutter.) It will have 508 apartments.
Phase 2 is a pair of residential towers, one 30 stories, the other 56 stories, sharing a common five-story podium. This will be on the North Branch Canal, east of Phase 1.
Phase 3 is a 55-story residential tower with a five-story podium facing the North Branch of the Chicago River, just west of a park that caps the southern point of the island.
Phase 4 is a 28-story mixed use tower with a seven-story podium at the corner of Halsted and the river. It will have 108,000 square feet of office space, and 247 hotel rooms.
This is just the latest outsized development plan for this corner of Chicago. It’s mega neighbors include Lincoln Yards, North Union, and 700 West (formerly 700 at the River). If all of them get built as planned, you could move the entire population of Forest Park to the neighborhood. Not that they’d come, but you could.