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River West Mega-Project Lands First Construction Permit

Work on the block-sized development is finally ready to begin

Less than one week after it was rumored that the massive mixed-use development at the site of former Gonnella bread factory at 1001 W. Chicago was preparing to move forward, the project has landed its first building permit. While plans eventually call for a duo of towers, this week’s foundation-only permit is limited to the shorter, 13-story building located at 738 N Morgan at the lot’s northeastern corner.

In the works for several years, the 1001 W. Chicago project received city approvals in 2014 and was sold by Seattle-based Security Properties to local developer the Bond Companies for $16.8 million in 2015. Chicago’s FitzGerald Associates were retained as architect. A second 15-story tower and new grocery store are also slated for the sprawling site.