|A rendering of a building that |
would be on the east side of
the Chicago River between
River City and Roosevelt Road
Three months after proposing 2,700 homes just north of the River City housing project, a Chicago development group is teeing up more than 900 units just south of it.
The joint venture between Chicago developer CMK and Australian construction company Lend Lease Group today unveiled plans for a three-tower development on the east side of the Chicago River between River City and Roosevelt Road.
The project would include 942 units, comprising condominiums, apartments and townhomes, about 1.6 acres of open space with a riverwalk, said CMK President Colin Kihnke. The CMK group bought the development site, currently a parking lot and vacant land along Wells Street, in December and February but had kept mum on its specific plans for the property.
“What's really exciting to us is the ability to activate Wells Street, create open space and engage the Chicago River through the creation of a 1,000-foot riverwalk,” Kihnke said today before presenting his plan to the Chicago Plan Commission.What's not clear in the article is how the development will integrate with Roosevelt Road and whether or not their will be retail. Obviously there are bigger city planning questions about the Wells/Wentworth connector project, but this plan doesn't give us any hints as to the city's plans.
In terms of the design in general, the rendering looks interesting. Definitely better than many of CMK's other designs (ahem 1333 S. Wabash) in the neighborhood.
(Hat tip: NO!)