Chicago YIMBY sat down with Mike Potter and Stefani Kalter from Riverside Development, one of the developers behind the office-to-residential conversion of the Art Deco skyscraper at 135 South LaSalle Street in The Loop. Riverside has partnered with AmTrust RE and DL3 Realty on the $241 million project, which is set to begin construction in the spring of 2026.
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A permit has been issued, and one remains pending, to rescue and renovate two vintage multiunit residential building on North Drake Avenue in Humboldt Park. A fire reported at 636 North Drake in April of last year also damaged the home next door at 634 North Drake. Street View images show both buildings boarded up.
Plans are moving forward for the mixed-use development at 5050 South Prairie Avenue in Grand Boulevard. Located on the corner of East 51st Street, the new structure will replace a pair of commercial buildings along with a vacant, city-owned lot. The effort is being led by KLY Development in partnership with the Rockford-based 1919 Architects.
Getting around in the River West neighborhood is a chore these days. That’s all thanks to the ambitious project underway to rebuild the Halsted Street viaduct and replace the Chicago Avenue Bridge over the river.
Three permits issued on December 2 will allow construction on a vacant corner lot at South Prairie Avenue and East 46th Street in Grand Boulevard. 4603, 4605, and 4607 South Prairie will all be three-story, three-unit buildings. Permit applications were all filed on September 22, and all three were issued on December 2 with reported costs of $440,000 apiece.
