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Developer Lines Up Permit for Long Planned South Loop Tower

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The new apartment tower being erected at 545 North McClurg in Streeterville isn't the only project that developer Golub & Company will soon bring to life, as the developer has recently secured the construction permit for a project that has been in the works for nearly three years. Back in November 2011, the company announced that it would build a 35 story tower on a site that was at the time a city owned property, however there was no movement on the project until this past September when the property was surrounded by fences and signs indicating that the parking lot had been closed. This led us and others to wonder if the project was finally moving forward. However, the mystery was finally solved yesterday when the city issued a construction permit to the developer to build a 397 unit, 40 story tower at 1001 S. State Street.

The architect listed on the permit is Gary L. Kohn of Solomon Cordwell Buenz (SCB) who was tapped for the project early on. There's no question of whether this tower is going to be built at this point, but the main question is how it will look. The most recent renderings for the tower were released in August 2012, when SCB ditched a tall rectangular structure on a podium and traded it for a curved, almost Lake Point Tower-esque design.

Stay tuned for more about this development as more details emerge. And as always, feel free to send your construction photos over to the tip line.