A couple summers ago, Gazette Chicago reported that Skokie-based F&F Realty planned to build a 514-unit apartment building with “hotel-style amenities” and hundreds of thousands of square feet of retail space at the southeast corner of Halsted and Madison streets, a site that currently serves as a parking lot for the Crowne Plaza hotel.
This morning I stumbled upon the details of One South Halsted at the FitzGerald Associates Architects‘ website, and the proposal sure looks like a doozy. At 50 stories, its tower would stand noticeably higher than the neighboring Skybridge, currently the tallest tower west of the Kennedy Expressway.
FitzGerald’s writeup calls the location “arguably the most visible in the city,” and says its design would “place an iconic tower adjacent to the eight-lane below-grade expressway” while “creating a smaller presence that includes first-floor commercial space” to fit with “the smaller scale of the city’s bustling Greektown neighborhood.”
The 822,200 square-foot complex would feature 30,800 square feet of commercial space, 520 parking spaces, banquet halls, a business center, and a pool and health club to be shared with the adjacent hotel. In return, the hotel would provide housekeeping and room service to the apartment tower’s residents.
It’s worth noting that this project was not one of the nine new rental developments Crain’s listed last week.