Tuesday, June 25, 2019

River North land sold for $110 million, now massive "One Chicago" development underway

The construction site of One Chicago Square was a parking lot and collection of older buildings.  The Archdiocese Of Chicago sold the land in 2017 for a reported $110 million.  All photos Eric Rojas, Broker, Kale Realty

Property showings and sales, my kids' athletics and my wife's work (at Lurie Children's) bring us to the Dearborn / Superior area of River North often. It's now shocking to see the former Holy Name Cathedral parking lot site is under construction. One Chicago Square could take up to four years to complete.  I imagine the parking alternatives are for the Catherdral, Francis Xavier Warde` school and other area workers must be a hassle.

Holy Name Cathedral sits directly east across the street at 730 N Wabash.
Looking east.

Looking southeast.

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