South Loop Getting New Apartment + Hotel Complex
Sep06

South Loop Getting New Apartment + Hotel Complex

The Chicago Plan Commission has donned its mitre, picked up its crosier, and bestowed its blessings on a new mixed-use development in Chicago’s South Loop. August, 2021 rendering of 525 South Wabash. Oddly-titled developer e-Terra+ is the name behind the project which bears the BKV Group monogram, and will land 777 apartments and 314 hotel rooms in a two-tower complex that will ace a low-end parking place, and wrap around the...

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South Loop Apartment Plan Back in the Cupboard with the Mothballs
Feb20

South Loop Apartment Plan Back in the Cupboard with the Mothballs

If you were excited about the transformation of a South Loop surface parking lot into a pair of modest skyscrapers with a hotel and supermarket, you picked the wrong week to quit sniffing glue. December, 2020 rendering of 525 South Wabash (Courtesy of BKV Group) In a memo to his constituents, 42nd Ward Alderman Brendan Reilly conveyed the news that the developer of 525 South Wabash Avenue, e-Terra+, has decided to pull its project...

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South Loop Project Seeks Approval For Two Towers, Hotel, Grocery Store
Feb15

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 (Courtesy of BKV Group) Since this project was first...

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South Loop Hits the Checkout Line With a Hotel, Residential, Supermarket Project
Dec08

South Loop Hits the Checkout Line With a Hotel, Residential, Supermarket Project

Chicago developers learned long ago that one way to make your project successful is to build a park next to it.  If there’s no room for a park, there’s always Plan B: a grocery store. December, 2020 rendering of 525 South Wabash That’s what’s going in a 525 South Wabash Avenue, where north suburban developer e-Terra+ wants to replace a parking lot and a parking garage with two glass-faced buildings atop a...

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