Despite a legal challenge from West Loop residents, the new 111ume condo project for 111 S. Peoria Street is officially ready to start digging in with the issuing of a new construction permit this week. First unveiled two years ago, the plan originally called for 205 rental apartments and 144 parking spaces in the form of a 13-story glassy contemporary structure. However, over the following months, the plan became a target of ire from West Loop residents due to its close proximity to Bartelme Park and for its potential to block the views of other property owners in the area. At one point, the contentious debate over the project caused a rift between Alderman Walter Burnett Jr. (27th) and some area residents, with the alderman suggesting that the neighborhood was becoming one full of bigots.
However, after several aesthetic alterations, a reduction in density, and a change in programming from rentals to condos, the plan finally went before the Chicago Plan Commission earlier this year where it was approved. In June, LG Development revealed floor plans and pricing for the 79 condo units, which will start at $192,000 for a one-bedroom unit and run up to $2.495 million for one of the larger penthouses.
The West Loop has been booming in recent months with new construction, and more is on the way. Expect to see crews at the site of 111 S. Peoria Avenue any day now.
- New West Loop condo project approaches groundbreaking, reveals interiors [Curbed Chicago]
- Units at Upcoming West Loop Condo Development Will Start Under $200K [Curbed Chicago]
- Mapping the West Loop Development Boom [Curbed Chicago]
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