Last week we posted about a development plan at 525 S. Wabash going to Chicago Plan Commission. Well apparently that one is going back to the drawing board (via Chicago Architecture):
In a memo to his constituents, 42nd Ward Alderman Brendan Reilly conveyed the news that the developer of 525 South Wabash Avenue, e-Terra+, has decided to pull its project from the log flume of City Hall approval. The project was designed by Minneapolis-based BKV Group.
Mr. Reilly says the north suburban developer wants to revise the plan and try again.
So sounds like this one is slowing down. We'll stay tuned on whether or not this moves forward.
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