State and Chestnut apartment tower gets Zoning Committee approval

The 35-story, 367-unit apartment tower proposed for the southeast corner of State and Chestnut was approved by the City Council Zoning Committee yesterday, according to a Chicago Tribune report. The next step is approval by the full City Council.

The development already has a stub of a website active, and the site slates delivery for spring 2015. Newcastle Limited is the developer and Solomon Cordwell Buenz is the architect.

The project’s website bills its location as the Gold Coast, but of course it isn’t. If you have any doubt about that, just spend a few minutes hanging out at the corner of State and Chestnut.

The new apartment tower will be adjacent to a new site for Loyola University’s business school. The Trib quotes a Loyola spokesperson referring to “our world-class school of business administration.” US News doesn’t list Loyola among the top 105 US MBA programs, relegating it below the “Rank Not Published” tier into the heavily-populated “Unranked” group of schools.

COMMENTS

WORDPRESS: 4
  • the urban politician 6 years

    I find it interesting that after having 2 MBA programs that are among the top in the country, Chicago doesn’t land a third one in the top 100, unless I am mistaken.

    Depaul? Loyola? University of Illinois? (I am assuming we are leaving out Notre Dame even though it has an MBA program in the Loop). If another school had a shot at making its way up the list, which one would it be?

  • PosterBoy 6 years

    “The project’s website bills its location as , but of course it isn’t. If you have any doubt about that, just spend a few minutes hanging out at the corner of State and Chestnut.”

    What? I walk it every day. Being that close to the Red line is going to be important.

  • PosterBoy,

    I was fixing the reference to “Gold Coast” simultaneously with your quote …

  • PosterBoy 6 years

    Also remember that the Lawson house is closing.