Ambitious River West Development Calls For 4 Towers, Office & Residential Space

By Stephen Gossett in News on Sep 7, 2017 3:22PM

Goettsch Partners

What looks to be the next major riverfront development has just taken a step toward realization. The ambitious redevelopment plan would add four new towers—one residential and three office, all clustered around an anchor plaza—to the prime real estate site on 700 W. Chicago.

As first reported by Curbed Chicago, developers have applied for a zoning application for the prime-real-estate property—which stands near the intersection of Chicago and Halsted, along the Chicago River. Plans would first see a 12-story tower with 435,000 square feet of office space. Two additional office towers would follow, plus a residential tower with more than 300 units.

The first office tower would likely rise no higher than 220 feet, while the other two could measure as tall as 260 and 320 feet. The residential tower could extend as high as 610 feet.

The development—which falls within the city's transformative North Branch framework—is a joint operation between Riverside Investment and Development (whose notable Chicago projects include the Union Station overhaul and the dramatic 150 N. Riverside high-rise that opened earlier this year) and Tribune Media, which owns the parcel. Tribune Media put out a call in 2014 for a joint development partner to redo the multi-acre property. The site sits near the Tribune's Freedom Center printing plant.

Take a look at renderings, by architecture firm Goettsch Partners, above and below.

Goettsch Partners

Goettsch Partners