CHICAGO—Demandfor new residential units in the South Loop remainsstrong, and the burgeoning neighborhood is about to get a whole newbatch. The Chicago Plan Commissionhas just approvedthe first phase of 1200S. Indiana, a three-phase residential development located at thesouthwest corner of Grant Park.
Formerly referred to as 113 E. Roosevelt, the first phase is a76-story, 829-foot rental tower designed by Rafael ViñolyArchitects which will be one of the tallest residentialbuildings in Chicago.
"1200 S. Indiana willoffer residents not only a marquee address, but also breathtakingviews in every residence, from those overlooking iconic Grant Park,to the cityscape, to Lake Michigan," says Bruce A.Menin, principal at the developer CrescentHeights. "We are grateful for the support this project hasreceived from Alderman Pat Dowell as well as thecommunity, and are incredibly fortunate to have securedRafael Viñoly for this importantsite."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
