Real estate news & trends
Latest news from YoChicago
The Coast
Stephanie Konow and Katie Bommarito are former rental services agents who grew frustrated with that business and set out to connect Chicago tenants directly with landlords by founding Chicago Rentals Direct. Eighteen months ago they led me on a tour of the six rental high-rises in the New East Side neighborhood – the area bounded ...
Read the full article →
Posted by Joe Zekas on January 22, 2013
The Coast, a 49-story mixed-use glass tower at 345 E Wacker Dr in the Lakeshore East area of the New East Side, is slated to contain 515 apartment units, 18,000 square feet of amenities and 18,000 square feet of retail space. The Coast’s design by bKL “in the tradition of Chicago modernism” has spawned a ...
Read the full article →
Posted by Joe Zekas on January 11, 2013
The 495-unit, 43-story Hubbard Place is rising rapidly at 360 W Hubbard in River North, and is about three-quarters of the way toward its full height. Judging from the last photos I took at the site the building is adding a floor about every three working days. Hubbard Place’s website is currently estimating occupancy in ...
Read the full article →
Posted by Joe Zekas on January 8, 2013
The Coast (center left, above) and 500 North Lake Shore Drive (center right, above) have both reached their full height and are proceeding toward planned occupancy next spring. If all goes according to plan the 49-story, 499-unit Coast, 345 E Wacker, will open in February, making it the first of half a dozen new high-rises ...
Read the full article →
Posted by Joe Zekas on September 12, 2012
The Coast, 345 E Wacker Dr, is about two-thirds of the way toward its ultimate 49-story height. It appears to be on track to meet its targeted completion date of February 2013. When it’s complete, The Coast will include 499 apartments, 18,000 square feet of retail space, 18,000 square feet of amenities, and parking below ...
Read the full article →
Posted by Joe Zekas on May 23, 2012
We’ve updated our list and map of downtown apartment projects that are proposed or under construction to add several recently-announced projects and update the status of several others. If all of the projects on our list were to be built, more than 10,000 new apartments would be added to the downtown Chicago market. Projects encompassing ...
Read the full article →
Posted by Joe Zekas on December 6, 2011
The Coast will definitely not be clear. The new 499-unit 45-story rental tower that’s coming out of the ground at 345 E Wacker Dr as part of the Lakeshore East development will, as you can see from some of these photos, negatively impact the views from a number of existing high-rises in the area. North-facing ...
Read the full article →
Posted by Joe Zekas on October 3, 2011
Ever since the announcement of a new tower at Lakeshore East fronting `Wacker Drive there’s been speculation about how it would affect the views from Aqua. According to its architects the façade of the new tower, now known as The Coast, is a “composition of light and translucency.” The Google Earth view of Lakeshore East, ...
Read the full article →
Posted by Joe Zekas on June 29, 2011