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Industry News

11 May 2022

Updated Details And Timelines Revealed For North Union Megadevelopment

Updated Details And Timelines Revealed For North Union Megadevelopment

Updated details have been revealed for the North Union megadevelopment in the Near North Side. The 8.1-acre site is bound by the CTA Brown Line tracks to the west, W Hill Street to the north, N Wells Street to the east, and W Chestnut Street to the south. It was previously a part of the Moody Bible Institute’s campus, whose parent church’s auditorium is also part of the upcoming Fern Hill Old Town redevelopment. Developer JDL, also responsible for the recently completed One Chicago project, is leading the North Union proposal and working with local firm Hartshorne Plunkard Architecture on design.

The $1.3 billion megadevelopment was fully approved by the city mid-2021, with JDL stating construction would commence once One Chicago was completed with a multi-phase construction timeline previously terminating in 2029. They stayed true to their word with the first tower at 920 N Wells Street breaking ground earlier this month soon after One Chicago received its full occupancy approval. But perhaps the most crucial part of the update is the expedited construction timeline, which has the tallest towers north being completed three years earlier with the whole project being finished by 2026.

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