Checking in on the farther-west of two developments from Marquette Companies.
1454 West Randolph is also the shorter of the two projects (1400 West Randolph is the other), bringing 11 stories and 242 units to the triangular lot bounded by Randolph Street, Ogden Avenue, and Lake Street. Designed by Brininstool + Lynch; built by Power Construction.
I wouldn’t normally post another update so soon, but since I got the name of this one wrong, I think I owe it to you.
Forget all those banners and whatnot all along the Irving Park road construction fence that say “Clarendale Six Corners.” I got one thing in my head, and it stuck. This is not “The Clarendale at Portage Park.” Though it was at one time. But no worries; my inaccurate information wasn’t going to slow progress.
Clarendale Six Corners continues to rise at the Six Corners intersection in Portage Park. That’s where Ryan Companies, along with LCS, is building 10-story, 258-unit Senior Living community. Below you’ll find the text from Ryan Companies’ announcement back in January:
Ryan Companies, LCS and Harrison Street announced today the closing of financing and start of construction for Clarendale Six Corners, a senior living community to be located at the corner of Irving Park Road and Milwaukee Avenue that will cover 1.25 acres of the 4-acre land parcel known as The Point at Six Corners. The approval and support from Alderman James Gardiner and the City of Chicago to move forward is a welcome change to the burgeoning neighborhood.
“As we continue to witness the resurgence of our Six Corners Business District, our community welcomes the addition of the Clarendale and Aldi. With collaboration and teamwork, our community will continue to reap the rewards of community-based developments that enhance our neighborhood,” said Alderman Gardiner.
Construction and new infrastructure will begin on the 10-story, $117 million mixed-use, retail and senior living property that will include 258 residential units made up of independent living, assisted living and memory care units, and 11 affordable independent living units. Located on a prominent, triangular corner, there will be a variety of dynamic public spaces around the site and an outdoor sky terrace on the fourth floor, as well as 18,000 square feet of street-level retail space.
“This was a long time coming, and we’re ready to be an important anchor in the redevelopment of this prominent intersection,” said Dan Walsh, senior vice president of development, Ryan Companies. “This property will give our residents and employees access to a wide range of amenities right outside their doorstep, all while helping the Six Corners shopping district continue its resurgence as a critical destination for the northwest neighborhoods and powerful engine for the local economy.”
Designed by Ryan A+E, Inc., Clarendale Six Corners will be highlighted by amenities and services including culinary excellence and nutrition-focused dining options with restaurants, bistro and bar options; private dining for events; a theatre; continuing education programs; fitness equipment and group fitness classes; salon and spa; arts programs; landscaped patios; transportation to local shopping, events and appointments; medical care; covered valet parking and more.
The surrounding community will have access to three distinct public areas, including a plaza with benches and bike racks, a pedestrian plaza with shade trees, additional bike racks, outdoor seating and a custom art display, and a mid-block pedestrian connection to increase convenience for pedestrians to walk around the Six Corners district. There will also be 215 off-street parking spaces. The south half of the site will be an Aldi grocery store and additional retail space.
“LCS is excited to further our relationship with Ryan Companies and Harrison Street at Clarendale Six Corners. We look forward to providing future residents with extraordinary experiences at this best-in-class senior living community for many years to come,” said Chris Bird, executive vice president, chief operating officer, LCS
With construction starting, the project will create approximately 650 union construction jobs and 200 permanent jobs over a 20-year period and will produce an expected $40 million in property taxes. The total economic impact from the project is anticipated to exceed $730 million.
About Ryan Companies US, Inc.
Founded in 1938, Ryan Companies offers comprehensive commercial real estate services as a national developer, architect, capital investment consultant, builder and real estate manager with a focus on bringing lasting value to its customers and the communities in which it works. Ryan market depth includes retail, industrial, healthcare and senior living. Ryan development and corporate build-to-suit work spans a wide range of product types including office, mixed-use, hospitality, multifamily housing and mission critical facilities. Ryan has nearly 1,500 employees in 15 offices and has completed projects in 39 states. For more information, visit ryancompanies.com.
About LCS
As a pioneer in the senior living industry since 1971, making a difference in the lives of seniors has been our sole focus since day one. The dedicated LCS Family of Companies is designed to help fulfill your community’s mission. This structure allows us to develop and share expertise across our company to deliver innovative solutions to partners, seniors and their communities. LCS has the experience, leadership, and integrity to meet unique needs of your community. When you partner with LCS, you receive more than just a single perspective; you get the experience of six senior-focused companies working together as one. In the field of senior living, Experience is Everything. For more information, visit LCSnet.com.
About Harrison Street
Harrison Street is one of the leading investment management firms exclusively focused on alternative real assets. Since inception in 2005, the firm has created a series of differentiated investment solutions focused on demographic-driven, needs-based assets. The firm has invested across senior housing, student housing, healthcare delivery, life sciences and storage real estate as well as social and utility infrastructure. Headquartered in Chicago with an office in London, the firm has more than 160-employees and approximately $27.3 billion in assets under management. Clients of the firm include a global institutional investor base domiciled in North America, Europe and Asia. Harrison Street has been awarded Best Places to Work by Pensions & Investments for the last six consecutive years and was named 2019 North American Alternatives Investor of the Year by PERE. For more information, please visit www.harrisonst.com.
Progress is beginning to show above the fence line at Gild in the Gold Coast neighborhood. There might not be much to see yet, but thanks to the power of a tower crane, soon there’ll be 12 stories to peruse, and rent, if you’d like.
Today in developments I’ve neglected, we feature AMLI 808, a new rental tower in the Near North neighborhood from AMLI Residential.
AMLI 808 is a 16-story tower at the corner of Chicago Avenue and Wells street bringing 318 apartments to town. NORR and Hartshorne Plunkard Architecture have shared the design duties, while The Big Green W is taking care of the build.
The official string of permits for this development started in February of last year, when a demolition permit was issued to remove the single-story structure on the site originally intended to be the sales center for a never-started residential tower here. Once that was out of the way, the foundation and tower-crane permits were issued in March 2020, with the full-build permit following in April.
Studio to two-bedroom apartments at AMLI 808 will be available for tenants to move in starting in July.
Another day, another hoist, as 609 West Randolph gets a permit to attach a hoist over in the West Loop.
609 W Randolph got its tower crane permit just before Christmas 2020, and the foundation permit followed in January.
It’s no tower crane permit, but 1043 West Fulton landed a hoist permit Monday. It’s news, and we’ll take it.
There are now banners naming this as both 1043 W Fulton and 237 North Aberdeen on site. Which moniker will win?
*This post was updated April 15, 2021 to reflect the correct name of this project, The Clarendale Six Corners.*
Foundation work had barely gotten underway last time (and first time) we visited The Study at University of Chicago in Woodlawn in February of last year. Just across the Midway Plaisance from the University’s Hyde Park campus, the new hotel from developer Hospitality 3 will provide 167 rooms, plus a restaurant, conference spaces, and a winter garden across its 13 stories.
The Study is designed by Holabird & Root. Completing the Ampersand Team is J.T. Magen & Company, the general contractor. Grand opening was expected in the first quarter of this year, so things are a bit behind schedule. But nothing has gone as planned for the last 13 months or so, so don’t sweat it.
It might just be Bentham now, instead of The Bentham. Either way, it’s filling in nicely, having long-ago topped out and added a whole bunch of glass to the exterior. The 31 condominiums from developer, design architect, and builder Sedgwick Development have been a long time coming, but the building looks to be in the home stretch now.
BTW, it made the news a few days ago; CWB Chicago has the deets on that.
And these deets are how Sedgwick Development describes (The) Bentham:
“The Bentham showcases 31 exclusive 3 bed/3bath condominium units with an open floor plan featuring a combination of modern indoor/outdoor living, expansive floor to ceiling windows and private elevator access. Each home is masterfully appointed with designer finishes throughout and designed for everyday comfort and luxury. The Bentham boasts five-star hotel amenities, including a 24-hour doorman, dry cleaning services and roof top pool. Residents will also be able to take advantage of a state of the art fitness center, fully equipped with yoga, cardio and weight areas as well as a large community room with a gourmet catering kitchen. As a buyer of the iconic Bentham located in exciting River North, you are located near the Loop with close proximity to Lake Michigan, the best in luxury shopping, arts and world-class restaurants.”
This is a cool building.
800 Fulton is an 18-story office tower at the literal gateway to the Fulton Market District. Really. There’s a sign. Developed by Thor Equities, it is a design by SOM and a build by Lendlease. It should be open any minute now.
