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CHICAGO COUNCIL APPROVES PLAN FOR NEW SUPERTALL

The Chicago City Council has approved developers' plans for the construction of Tribune Tower East, a 102-story skyscraper that will be the city's second-tallest building, CBS Chicago reported on May 20. The mixed-use tower, standing 1,442 ft, will bring 564 condominium units and apartments, a 200-room hotel and a 687-space parking garage to the site, currently a parking lot at Lower Michigan Avenue and Lower Illinois Street. The glass-and-steel tower just east of the iconic Tribune Tower will be the centerpiece of the US$700-million project, but other improvements to the area would include renovation of Pioneer Court Plaza to create green space, outdoor seating and a new pathway to the nearby Cityfront Plaza. Construction is expected to begin in late 2021 or early 2022, but a target date for completion was not given.

Image credit: courtesy of CIM Group and Golub & Company

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