[Steely Dan]

news from last night's community meeting:

Developer aims for summer start on West Loop project
Mixed-use development at Randolph and Halsted would get a hotel, apartments, offices and retail space.

By David Roeder@RoederDavid Jan 8, 2020, 11:16am CST


A view of the mixed-use development proposed for 725 W. Randolph St. with architecture by Roger Ferris + Partners and Perkins Eastman. Related Midwest


With principal tenants signed up, the developer of a mixed-use project on the block east of Halsted Street between Randolph and Washington streets said he hopes to start construction this summer and finish the complex in three years.

Curt Bailey, president of Related Midwest, laid out the project’s timetable at a community meeting Tuesday night called by Ald. Walter Burnett Jr. (27th) and the West Loop Community Organization. The meeting was part of Burnett’s process for gathering local input before deciding to support a zoning proposal.

“We need to get in the ground with this development,” Bailey said, citing strong demand for apartments and hotel rooms in the burgeoning area. He said the project, just west of the Kennedy Expressway, would become a gateway to Randolph’s Restaurant Row.

Related, one of Chicago’s most active developers, is proposing a 550-foot-tall tower at 725 W. Randolph St. with an Equinox hotel and fitness club, plus 370 apartments. The Washington side, currently a Bank of America branch, would get a 250-foot-tall office building. Bailey said Bank of America and a Soul Cycle fitness club will anchor that building.

A four-story building at 737 W. Randolph St., home to the Haymarket Pub & Brewery, would be kept.

source: https://chicago.suntimes.com/business/20...-retail-randolph-halsted-related-midwest