A plan to replace a low-rise parking garage in the Loop with a new apartment tower is quietly pressing forward at northeast corner of Wabash and Randolph streets, near Millennium Park.
Although news that architect-developer Thomas Roszak and partner Dan Moceri were targeting the site for a new high-rise emerged in early 2018, a marketing flyer from Baum Realty Group provides a first glimpse of what the proposed building could look like.
The images from the listing show a tower rising roughly 25 stories atop 6,600 square feet of retail space. The design includes a mostly glass facade, outdoor cafe space, a large inset balcony on the fourth floor, and what appears to be a living “green wall” fronting Randolph.
While Roszak suggested to Crain’s in January that his group could construct more than 250 rental units on the site, the flyer pegs the count at 190 apartments.
As proposed, the project could be built “as of right” or without zoning approval from the city. Two of Moceri and Roszak’s recent downtown projects—the Linea apartments and the offices currently rising at 145 S. Well Street—were also developed without seeking a zoning change from the city.
Before the glassy tower at 50 E. Randolph Street can rise, the site’s existing combination garage and retail structure will need to be vacated and demolished. Meanwhile, to the parcel’s immediate north, a different developer is planning a seven-story, 81-unit apartment project.
- Loop parking garage eyed for high-rise redevelopment [Curbed Chicago]
- 50-60 E. Randolph Street [Baum Realty Group]