With thousands of new apartment units, new hotel rooms, and hundreds of thousands of square feet of new office space proposed for the West Loop area, one might think that the booming neighborhood has peaked for this development cycle. However, the proposals just keep coming. The latest is a plan from developers Crayton Advisors and White Oak Realty Partners that would transform a large surface parking lot and a vintage two-story brick building along Peoria Street into a large apartment complex.
The proposal would see the construction of a long 15-story structure that would feature 267 apartments, 218 total parking spaces, and 4,000 square feet of ground level retail space. The unit breakdown goes as follows: 54 studios, 28 convertibles, 80 one-bedrooms, and 80 two-bedroom units. The development will not feature any three-bedroom apartments.
Similar to other large scale developments for the neighborhood, the design for this proposal seeks to break up the massing by making the one large building look like a series of smaller ones. The future McDonald’s headquarters does something similar, as does a massive apartment proposal for the former H2O property. The proposal includes a few elevations from FitzGerald Associates Architects that show how this development would stack against its neighbors.
- Mapping the West Loop Development Boom [Curbed Chicago]