Chicago’s top building permits in August

The long-planned Cook County Hospital redevelopment is the priciest project
 on the list, followed by two other public agency projects

Sep.September 05, 2018 09:00 AM

Clockwise from top left: A previous rendering of 205 South Peoria Street, Cook County Hospital Rendering and John T. Murphy, The Old Main Post Office (Credit: FitzGerald Associates, Cook County, Murphy Development Group, and daryl_mitchell on Flickr)

The redevelopment of the old Cook County Hospital topped the list of construction permits granted in August, marking the start of a planned $1 billion mixed-use project.

The three biggest permits involve current or previously government-owned facilities. After the old county hospital, the second-biggest project is a $46 million addition to a Metra rail yard, followed by the rehabbing of the city’s Jardine Water Filtration Plant just north of Navy Pier, which will cost about $40 million.

The largest, fully private building permit belongs to White Oak Realty Partners’ plan for a 273-unit residential building in the West Loop.

Together, the 10 projects combine for more than $340 million in development in eight different neighborhoods, according to city building permit records reviewed by The Real Deal.

1835 West Harrison Street | $90 million

Murphy Development Group secured $135 million in financing to kickstart the long-planned redevelopment of the old Cook County Hospital site. With the funding and the construction permit, work can now begin converting the building at 1835 West Harrison Street into hotel rooms, medical offices and retail space, which cold cost $90 million. The total project, including hotels, offices, retail space and apartments, could top $1 billion.

2. 147 West 47th Street | $46.7 million

Two building permits issued in late August will help reshape a Metra rail yard on the South Side. Plans call for the building of a new two-story training facility and an addition to the yard’s diesel shop.

3. 1000 East Ohio Street | $40 million

The city’s James W. Jardine Water Plant is set to receive a $40 million upgrade to its electrical switchgear and generator system. The upgrades will require a new building addition at the plant just north of Navy Pier.

4. 205 South Peoria Street | $40 million

White Oak Realty Partners nabbed a $71 million loan from Pacific Life for the planned 273-unit building in the West Loop. The building will rise 19 stories and is one block from another White Oak residential tower at 111 South Peoria Street.

5. 51 East 14th Street | $38 million

CMK Companies is seeking to build a 15-story apartment building with 199 units and ground floor retail at this South Loop location. It’s part of the firm’s plan for two residential buildings in the area, the other a 10-story tower near 14th Street and Wabash Avenue.

6. 145 South Wells Street | $30 million

Moceri + Roszak has already secured $71.4 million in financing for the 20-story spec office building in the Loop. It will take the place of a demolished four-story parking garage along the CTA L tracks. Moceri + Roszak bought that property in 2016 for $7 million.

7. 3200 West Lake Street | $15 million

The Kedzie Green Line stop will see upgrades to its lighting system and security cameras at the West Side station.

8. 404 West Harrison Street | $14.6 million

With it’s first anchor tenant locked up, the redevelopment of the Old Main Post Office is ramping up. The construction permit issued in August calls for the building of a second floor conference center, auditorium and workout center. 601W Companies is leading the redevelopment after buying the building for $130 million in May 2016.

9. 1555 North Ashland Avenue | $14.5 million

An eight-story hotel will replace a former gas station in Wicker Park. The city previous issued a building permit for the site, which allowed for a $2.2 million construction of a garage and basement.

10. 3751 North Broadway Avenue | $14 million

Architects Wheeler Kearns Associates will lead this renovation of the Bernard Well Anshe Emet Day School, which will see a four-story addition to the existing school building. A new plaza will also be constructed at the Buena Park school, according to the permit.

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