The building will replace the well-known Ed Debevic’s Restaurant that formerly occupied part of the site. Construction is anticipated to begin early in 2016 with completion slated for spring 2017.
Ed Debevic’s was demolished in early December 2015. The photo above shows the demolition status as of December 4, 2015.
Details of the project’s unit mix are not yet available. Expect the building to have a high level of finishes in line with other newer high-rises in the area.
Views. 640 North Wells is surrounded by largely low-rise development, ensuring spectacular skyline views to the north and south, and a fairly unobstructed view corridor to the west. The views to the east might be obstructed by the new 167 W Erie development to be built across the street on the former Gino’s East site.
Amenities, services, policies
Details of the amenities package are not yet available, but the building is likely to have extensive amenities to compete with the newer apartment towers in the area.
Preliminary renderings show a rooftop deck with seating areas.
Loyola University’s Water Tower campus, home to its law, business, education and communications schools, is a few blocks north and east of the property. Northwestern and Lurie Children’s hospitals are a short walk further east.
640 North Wells is on the cusp of the River North Gallery District, which has been shrinking in recent years but remains a scene worth visiting.
Dining, nightlife. 640 North Wells is a short walk from a dense array of dining and nightlife options in River North and the Gold Coast.
The immediate area is home to many of the venues that draw crowds of suburbanites, tourists and conventioneers to the area. Hooters is across the street on Wells. The Rainforest Café, Hard Rock Café, Portillo’s and Rock N Roll McDonald’s are nearby – and that’s just for starters.
On a more positive note, there are numerous neighborhood-oriented dining and nightlife options nearby that residents will find appealing.
Parks, recreation. River North is a park desert. 640 North Wells’ location, in the heart of the neighborhood, has poor proximity to public parks.
Transportation. Public transportation is good from an objective standpoint, but poor in comparison to most River North apartment locations.
The CTA Red Line stops Chicago Ave and Chicago Ave are about a 10-minute walk from 640 North Wells. The Brown and Purple Line stops at Chicago Ave and the Merchandise Mart are, respectively, a 5- and 8-minute walk away.
A variety of CTA bus routes traverse LaSalle St, Grand Ave and Chicago Ave within a short walk of 640 North Wells. The southbound #37 bus stops across the street and travels to the Merchandise Mart and on into the Loop.
The location has good access to I-90/94 and the city’s expressway grid via the Ontario St on-ramp, which is on the south side of the building.
You’ll find additional options at YoChicago’s comprehensive River North apartment guide.
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