DEVELOPMENT NEWS

The Bears might be looking at the Soldier Field south parking lot as a site for a new stadium. The rumor was reported in early December, and the Bears and city have declined to comment. That land, however, is subject to the Public Trust Doctrine, meaning a private organization such as the Bears could not buy it or have a long-term lease on it. Friends of the Parks, the organization that sued a decade ago to prevent transfer of the same property to the Lucas Museum, was quick to note the problem with that site.

A demolition permit has been issued for 1130 S. Wabash, the loft building just to the north of Eleven City Diner. Preservationists have raised alarms, but the property is not even listed in the city’s 30-year-old Chicago Historic Resources Survey (listing alone can delay some demolitions). The building and adjacent parking lot are thought to be owned by the same group that developed the Homewood Suites and Hilton Garden Inn across the street.

Foundation permits have been issued for construction at 424 S. Wabash, a a 25-story mixed-use tower being developed by LMC at the corner of Van Buren. The tower will have 344 apartments.

CMK Companies can begin construction on a 12-story apartment building at 1730 S. Wabash that will contain 110 apartments, across 18th St. from Tea Pot Bakery. Because the project needed no zoning change, renderings have not been released.

Courtesy of South Loop Neighbors Newsletter.


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