With apologies to anyone sad about the loss of that weird little bank at the corner of Randolph and Carpenter in the West Loop, I say good riddance to drive-thru banking (do that on your iSmartphonebookpad, ya dinosaur) and hello to boutique office buildings.

1020 West Randolph is currently in foundation mode now. A development by L3 Capital and RL Edward Partners, the five-story brick-façade building is a design by Hartshorne Plunkard Architecture, who’ve created a look that would be just as well suited for Fulton Market’s disappearing meat-packing history as it does in today’s modern phase. The 37,000sf building will include 23,000sf of office space, 5,000sf of retail space, and an amenity roof deck.

W.E. O’Neil is the general contractor. Their goal is to have the building open for tenants early in 2023. They got a building permit (addressed at 155 North Carpenter) on August 13 of last year. The demolition permit for the old bank was issued May 28 and was handled by Precision Excavation. If the below galley includes any demo pics, it’s because I dug through the back pages of my hard drive until I found them. New construction photos were taken 03/21/22 and 04/03/22.

Enjoying the photos? Metra and CTA rides (and Amtrak trains to Milwaukee), Zipcars, Divvy Bikes, camera lenses, domain fees, snacks & energy drinks, and comfortable walking shoes add up. You can help offset expenses by making a greatly-appreciated donation to Building Up Chicago using the form below.