RISING SOON: A NEW 19-STORY MIXED-USE TOWER AT 1221 W. WASHINGTON

🚧 Great news from the West Loop! The tower crane permit has been issued, foundation work is underway, and financing has officially been secured for 1221 W. Washington! Rising 213 feet between two historic buildings, this 19-story mixed-use development, designed by PH, will bring:

🏙️ 287 residential units, with 20% being affordable housing. The mix includes approximately 45% studios, 35% one-bedrooms, and 20% two-bedroom rentals

🛍️ 4,000 sq ft of ground-floor retail

🚗 Parking integrated within a four-story podium, which will also include the residential lobby and retail at street level

✨ The top two floors will offer residents amenity spaces, including indoor lounges and an outdoor deck with a pool

The building’s street-facing facade will feature brick and punched window openings, blending contemporary design with the character of the neighborhood. The tower, set back 5 feet from the street, will feature a metal frame pattern that contrasts with and projects from the glass facade.

Find out more:

➡️ https://www.pappageorgehaymes.com/projects/1221-west-washington/

➡️ https://chicago.urbanize.city/post/developers-secure-financing-1217-w-washington

March 3, 2025March 14, 2025

Oak & Larrabee project update

OAK & LARRABEE PROJECT UPDATE

We're excited to share some great news about our Oak & Larrabee project in Cabrini-Green! The Committee on Finance has approved $14 million in tax-increment financing (TIF) funds for this mixed-income housing development at 955 N. Larrabee St., a currently vacant lot owned by the Chicago Housing Authority. The new building will offer 78 units, 54 of which will be affordable. Residents will enjoy a range of amenities, including 39 indoor parking spots, 45 indoor bicycle spots, a community room, a fitness center, and a second-floor outdoor patio. To learn more about this project, check out the following links:

🔗 https://blockclubchicago.org/2025/02/11/cabrini-green-lot-vacant-for-50-years-closer-to-being-redeveloped-with-mixed-income-apartments/

🔗 https://chicagoyimby.com/2025/02/funding-advances-for-547-w-oak-street-in-near-north-side.html

February 27, 2025March 13, 2025

424 South Wabash rendering reveal and demo permit

RENDERING REVEAL AND DEMO PERMIT FOR 424 SOUTH WABASH

We’re excited to announce the development of a new 23-story hotel in Chicago’s Loop. Located at 424 South Wabash, the hotel will offer 340 rooms.
This week, a demolition permit was issued to clear the site in preparation for construction. Once complete, the hotel will stand 252 feet tall, with a restaurant on the first floor and a dedicated amenity floor on the third level. Its prime location ensures easy access to the city’s top attractions, business districts, and cultural landmarks, promising a redefined guest experience in Chicago. Stay tuned for more updates on this fantastic project!

🔗 https://chicago.urbanize.city/post/demo-permit-issued-make-way-revised-development-424-s-wabash

January 15, 2025March 14, 2025

New updated photos of Paseo in Austin, Texas

NEW UPDATED PHOTOS OF PASEO IN AUSTIN, TEXAS

Starting off the year with some new updated photos of Paseo in Austin, Texas! Since these photos were taken, the tower crane and exterior hoist way have both been removed to continue with the completion of this project. Paseo offers access to entertainment and the thriving cultural district in Austin by being just steps away from restaurants, bars and music venues that make Rainey Street stand out. Stay tuned for more updates on this project, coming your way soon!