Construction Plans Advance for Two Massive Projects At Opposite Ends of Chicago Metro

Posted on May 04, 2017

Randyl Drummer I CoStar.com

Development plans reached key milestones Thursday for 110 N. Wacker Drive, the latest high-rise office tower reshaping the downtown Chicago skyline; and Lincoln Common, a massive mixed-use residential project a few miles away from North Wacker in Lincoln Park on the Windy City's North Side.

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In Lincoln Park, developers Hines Interests and McCaffrey Interests held a ceremonial groundbreaking for Lincoln Common, a mixed-use project on six acres formerly occupied by the Children's Memorial Hospital comprised of two 19-story apartment buildings totaling 538 units. The project at Lincoln and Fullerton Avenue will include 60 condominiums, 160,000 square feet of retail (including 94,000 square feet of restaurants) and more than 67,000 square feet of open space.

The massive project at the site of the now-demolished hospital property, designed by Antunovich Associates and Skidmore, Owings & Merrill, will also include the seven-story Belmont Village, 120,000-square-foot seniors living residence at 700-710 W. Fullerton Ave., formerly known as the Nellie Black Building.

Two new glass residential buildings will be the centerpieces of the development, featuring 538 modern apartment homes. The Lincoln Common will also bring 94,000 square feet of exciting dining and retail space to the neighborhood, 47,000 square feet of boutique loft office space, and 40 for-sale condominiums. The development will provide the Lincoln Park community with 67,000 square feet of open public and park space in total - over 10,000 square feet more than in the originally approved plan.

Chicago Mayor Rahm Emanuel attended ceremonies and press briefings for both projects on Thursday. Emanuel praised Lincoln Commons as "a new chapter in the history of Lincoln Park" which will create much-needed affordable housing stock in the area as well as open space in Lincoln Park, located about 4.5 miles north of the North Wacker Drive project.

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