An old proposal to build new residences along Randolph Street in the West Loop has officially returned, this time with developer Related Midwest behind the steering wheel. Initially presented just over two years ago, developer Jesse Levine had teamed up with SMDP Studio to propose a forward-thinking 31-story apartment tower with an intricate automated valet parking system. However, Related Midwest is now in charge of the plan and has tapped Handel Architects for the job. Related Midwest most recently collaborated with Handel on redesigning and completing the stalled out Waterview Tower project at 111 W. Wacker which opened last summer as OneEleven.
According to a report earlier this year from Crain's, Related Midwest had been seeking a partner for the project, which was thought to be a 100-unit condominium development. And while the proposal still has a residential component, the developer is now planning on building hotel rooms into the mix. According to the latest figures, Related is looking to build a new tower with 145 hotel rooms, 20 condos, 100 parking spaces and 25,000 square feet of retail space. The existing zoning for the site allows a building to stand at a height of 369 feet, and Related Midwest does not appear to be requesting additional height.
The proposal marks the second major development that Related Midwest is currently working on (at least formally) in the West Loop area. The developer is staying busy with several other big developments throughout the city, including the redevelopment of the Julia C. Lathrop Homes on the northwest side, a 67-story tower designed by Robert A.M. Stern Architects for the Streeterville neighborhood, and the redevelopment of the failed Chicago Spire project.
·Previous West Loop coverage [Curbed Chicago]
·Previous Related Midwest coverage [Curbed Chicago]
·West Loop Tower Construction Pushing Through the Winter [Curbed Chicago]
·West Loop Newcomer Would Rise 31 Stories, Feature Robotic Parking [Curbed Chicago]