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Preparations Underway for New 245-Unit River North Tower

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A glassy tower will soon rise at the closed parking lot at Illinois and Franklin

In the midst of Chicago’s ongoing apartment boom, parking lots in River North are starting to become somewhat of an endangered species these days. Case in point is the recently closed private lot that faithfully served the Assumption Catholic Church at 323 W Illinois until May 5th. While the church isn’t going anywhere, the decision to develop the lot with John Buck Company into a 24-story, 245-unit residential tower has also allowed the religious institution to replace its existing two-story priory building with an upgraded three-level annex and landscaped garden. The development, dubbed 3Eleven, will also include street level retail and 109 accessory parking spaces — a number of which will be reserved for church use.

Before the 298-foot tower by FitzGerald Associates can break ground, a 1,400-square-foot garage structure flanking the alleyway will need to be cleared. With its demolition permit issued earlier this year and construction fencing now arriving on scene, the garage probably won't be around much longer. Once work on 3Eleven can begin in earnest in the coming months, the project will join an already growing number of high-rise developments under construction across the Windy City.