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City's Second Tallest Skyscraper Close to Approval

Posted by Susan Dickman on Monday, October 14th, 2019 at 4:31pm.

 

Chicago Skyscraper

 

Credit: Golub & CIM Group/Crains Chicago

 

 

Chicago developer Golub and partner CIM group want to build a skyscraper next to the Tribune Tower. They’ve been making tremendous progress and working to address concerns about traffic if the skyscraper starts construction. Alderman Brendan Reilly says that a deal could possibly be reached “in a couple of months.”  

 

The building would reside in an empty parking lot east of the Tribune Tower. The proposal consists of a mixed condo/hotel tower rising 1,422 feet high. This would make it the second highest tower under the Willis Tower. 

This has motivated the developers of the ambitious Spire development, that did not pass, to go back to the drawing board and rework their proposal.

 

Reilly has the power to shutdown developments before their proposals even reach the City Council. This was the case with the Chicago Spire Parcel, which was a development drawn up by Related Midwest. The tower would have been located at 400 N. Lake Shore Drive. They’re currently in the process of making major revisions to their proposal. Revisions that Alderman Reilly doesn’t know about. 

We will  continue to keep you updated as more information about this ambitious development comes to light. 

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