LaSalle Reimagined IFP Response Summaries
Presentation of Proposals
Six adaptive reuse projects being proposed as part of LaSalle Street Reimagined were discussed during a virtual community meeting on March 2, 2023. A recording of that meeting is available here.
Download the Invitation for Proposals (IFP) | Deadline for submissions was 12 p.m., Dec. 23, 2022
Addendum 1 (Revised submission requirements, Q&A) | Addendum 2 (Additional Q&A) | Addendum 3 (Additional Q&A)
Watch a recording of the IFP pre-submission conference | Download the pre-submission presentation and list of conference attendees and registrants
111 W. Monroe St.
SELECTED FINALIST
Developer:
Prime/Capri Interests LLC, an affiliate of The Prime Group Inc. and Capri Investor LLC
Scope:
349 studio, one- and two-bedroom with 30% affordability. Additional improvements would include a new hotel on lower floors with a spa and fitness center, underground parking and a new rooftop pool and restaurant.
Affordable units:
105
Square footage:
610,000
Property:
Orange-rated high-rise constructed in 1910; National Register District contributor
Total project costs:
$180 million
208 S. LaSalle St.
SELECTED FINALIST
Developer:
UST Prime III Office Owner LLC, an affiliate of The Prime Group Inc.
Scope:
280 studio, one- and two-bedroom units with 30% affordability. Additional proposed improvements include a private dog run, fitness center, tenant lounge and access to the amenities of the two existing hotels within the building.
Affordable units:
84
Square footage:
222,500
Property:
Landmark high-rise constructed in 1914; National Register District contributor
Total project costs:
$130 million
135 S. LaSalle St.
SELECTED FINALIST
Developer:
Riverside Investment & Development/AmTrust
Scope:
430 studio, one- and two-bedroom units with 30% affordability. Additional improvements would include up to 80,000 square feet of new lobbies, retail, food and beverage, event and cultural space and a potential fresh-market grocer.
Affordable units:
129
Square footage:
750,000
Property:
Landmark high-rise constructed in 1934; National Register District contributor
Total project costs:
$258 million
30 N. LaSalle St.
NOT SELECTED AS IFP FINALIST
NEW APPLICATION UNDER REVIEW
Developer:
Golub & Co. LLC/American General Life Insurance Co.
Scope:
349 studio, one- and two-bedroom units with 30% affordability. Additional proposed improvements include ground floor retail and exterior green space and seating along Washington and LaSalle.
Affordable units:
105
Square footage:
371,640
Property:
1975 high-rise
Total project costs:
$143 million
105 W. Adams St.
NOT SELECTED AS IFP FINALIST
NEW APPLICATION UNDER REVIEW
Developer:
The Reimagine Adams Limited Partnership, an affiliate of Celadon Partners and Blackwood Group
Scope:
247 studio, one-, two- and three-bedroom units with 75% affordability. Additional improvements would include a tenant fitness room and roof deck, a public food market and a coffee shop.
Affordable units:
185
Square footage:
344,446
Property:
Orange-rated high-rise constructed in 1927; National Register District contributor
Total project costs:
$178 million
105 W. Adams St.
NOT SELECTED
Developer:
MAVEN Development Group
Scope:
423 studio, one- and two-bedroom units with 30% affordability. Additional improvements would include a rooftop amenity deck.
Affordable units:
127
Square footage:
333,000
Property:
Orange-rated high-rise constructed in 1927; National Register District contributor
Total project costs:
$167 million
208 S. LaSalle St.
APPLICATION WITHDRAWN
Developer:
208 LRG LLC
Scope:
102 units with 30% affordability.
Affordable units:
30
Property:
Landmark high-rise constructed in 1914; National Register District contributor
Total project costs:
$50.2 million
400 S. LaSalle St.
INEGLIGIBLE LOCATION
Developer:
Urban Resolve
Scope:
226 beds for student housing and a scholastic esports venue. Additional improvements would include a ground-floor food court, a student mental health and wellness center, and a fitness center.
Affordable units:
NA
Property:
1981 high-rise
Total project costs:
$104 million
170 W. Washington St.
INCOMPLETE APPLICATION
Developer:
CKNS 170 LLC
Scope:
Four units with 25% affordability. Additional proposed improvements include new retail and commercial spaces.
Affordable units:
1
Property:
1930s low-rise; National Register District contributor
Total project costs:
$2 million