Corcoran Urban Real Estate

New Rental Tower Coming To South Loop

New Rental Tower Coming To South Loop

It looks like another tower is coming to the hot South Loop area.

According to reports in two local websites, developers are planning a new, 33-story, 496-unit apartment building for the vacant lot at 801 S. Financial, just south of Polk Street and next to the Metra tracks.

An Atlanta-based developer purchased the site in December for $15.5 million. Chicago's Pappageorge Haymes are the architects. 

The site is awaiting construction permits to begin.

Read more at Curbed Chicago here.