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Old Posted Oct 11, 2017, 1:18 PM
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October 11, 2017
Developer plans 76-story residential tower next to Holy Name

By ALBY GALLUN

Quote:
A Chicago developer plans to spend more than $700 million on a luxury housing project in River North that would include a 76-story tower, one of the tallest residential buildings in the city.

JDL Development wants to build nearly 900 apartments and condominiums and a high-end fitness center on the block just west of the Holy Name Cathedral at State and Superior streets. JDL today filed its plans with the city for the two-tower project, which is being designed by Hartshorne Plunkard Architecture and Goettsch Partners.

"It's exciting," said JDL President Jim Letchinger. "It's terrifying."

It's the biggest, most ambitious project yet for Letchinger, one of the most prolific residential developers in the city over the past few years. It would also be one of the largest housing projects ever built in downtown Chicago, one reason the proposal will attract plenty of scrutiny from city officials, neighbors and architecture enthusiasts.

JDL plans two towers, one 45 stories and the other 76, rising from a nine-floor base that would include the fitness center and spa, a grocery store, restaurants and other retail space. Letchinger said he wants to build a tall, thin building to maximize open space on the project's rooftop deck and minimize its impact on views from other buildings.

Quote:
Letchinger will present his development proposal at an Oct. 24 community meeting hosted by Ald. Brian Hopkins (2nd), whose ward includes the development site.
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