195 N. Columbus, “Site O” I didn’t see a thread for it and I don’t know how to properly format the headers for one but developers are planning on breaking ground by October 2021. The building has been redesigned and shortened to unknown specifics.
Reilly sent a newsletter with the announcement.
The proposed Parcel O project at Lakeshore East, located at 193 N. Columbus Dr., originally received approval from the Chicago Plan Commission in 2018 after multiple community meetings and extensive negotiation with Alderman Reilly. Since that time, the Developer, Parcel O LLC, has revised the design and reduced the scope of the program to be contained in the building.
The Parcel O building has been revised to contain only one hotel with 269 keys rather than two hotels with 570 keys. The Developer has also reduced the number of apartment units from 640 to approximately 599 apartment units and 30 serviced apartment units. The redesign also includes three levels of co-working space. There are two retail spaces proposed in the building: approximately 5,500 square feet of retail adjacent to Upper Columbus Drive and approximately 3,500 square feet of retail adjacent to North Park Drive. As a result of these revisions to the program of the building, there are also reductions in the building height and the overall square footage for the building…**
**…**The exterior design of the tower has been updated to reflect the reduction in height and square footage, based on the programmatic shift from two hotels to one. The massing of the building has been updated and the design is derived from a sawtooth plan. The sawtooth creates dynamic movement along the facade and strong vertical lines that pull the eye up to the building’s sawtooth crown. The sawtooth articulation reverses direction between the residential and hotel floors, highlighting the change in program. The tower is pulled to the west, creating variation and relief on the east facade and allowing for a base that is more in scale with the adjacent buildings on the park.
Please note that all other material terms and aspects of the Parcel O project remain unchanged from the Chicago Plan Commission approval in 2018. The developer is seeking final site plan approval from the Chicago Department of Planning and Development and no further hearings before the Chicago Plan Commission or additional Chicago City Council approvals are required for this proposal.
The developer proposes beginning construction no earlier than the October 2021 and hopes to complete construction by April 2024.