Archinect - News

Chicago announces next phase of $6 billion Lincoln Yards development

2023-05-03T16:54:00-04:00

The next phase of Chicago’s sprawling $6 billion Lincoln Yards development is set to break ground by the end of the year, according to an update from developer Sterling Bay recently published by Urbanize Chicago.

As of now, the project’s 280,000-square-foot 1229 W. Concord life sciences building designed by Gensler is complete, along with the slate of site improvements and riverwalk extension that surround it.

Image courtesy Sterling Bay

Progress is now moving forward on The Steelyard, a two-building plot located to the north of 1229 W. Concord. It will eventually include Gensler’s 15-story 1665 N. Throop office structure and the 19-story mixed-use 1687 N. Throop from Hartshorne Plunkard. Site Design Group will complete the segment with a new park, which will itself be constructed in multiple phases.

1687 N. Throop from Hartshorne Plunkard. Image courtesy Hartshorne Plunkard

SOM and CBT Architects are responsible for the master plan of Lincoln Yards, which was finally approved in Marc...

Work begins on first building of $6 billion Lincoln Yards development in Chicago

2021-11-02T09:00:00-04:00

As the first part of a projected $6 billion residential and commercial development, the construction start was a kickoff for Lincoln Yards itself, in the planning stages for more than five years. Investors and city planners see it as a revival of riverfront land that will connect prosperous areas of the Near North Side, Bucktown and Lincoln Park.

Located on Chicago's North Side, the multibillion-dollar mixed-use Lincoln Yards master plan was designed by Skidmore, Owings & Merrill, CBT Architects, and landscape architects James Corner Field Operations.

The first building of the scheme breaking ground at 1229 West Concord is the eight-story, 320,000-square-foot life sciences center ALLY designed by Gensler.

Here we go! Site prep for the first property at @sterlingbay's huge @LincolnYards development - ALLY, an 8 story life sciences office building. pic.twitter.com/QGfN5Jkm9Q

— Curtis Waltz (@aerialscapes) October 25, 2021

Chicago City Council approves $6 billion Lincoln Yards development

2019-03-18T13:40:00-04:00

With a 33-15 vote, the Chicago City Council [...] approved the Lincoln Yards planned development, clearing the way for Sterling Bay to move ahead with its $6 billion plan. The developer faces a final hurdle next month when the City Council considers the creation of the Cortland/Chicago River tax-increment financing district, which would be used to subsidize infrastructure projects that would make Lincoln Yards more accessible.

Lincoln Yards previously in the Archinect news.

Image: Lincoln Yards/Sterling Bay

Chicago's Lincoln Yards megadevelopment receives Plan Commission blessing

2019-01-28T15:27:00-05:00

Lincoln Yards, one of the most ambitious real estate projects ever proposed for the city’s North Side, was approved Thursday by the Chicago Plan Commission, an important step toward reshaping the city’s skyline and a large swath of land along the Chicago River. Sterling Bay’s $6 billion plan for about 55 acres of riverfront land was approved during the commission’s monthly meeting.

The $6 billion master plan for Chicago's North Side, designed by Skidmore, Owings & Merrill, CBT Architects, and James Corner Field Operations, was unveiled to the public last summer.

Image: Lincoln Yards/Sterling Bay

View the entire master plan in detail here (PDF, 7 MB).

$5B Lincoln Yards megadevelopment unveiled for Chicago’s North Side

2018-07-20T16:10:00-04:00

Skyscrapers as tall as 70 stories are part of a developer’s ambitious plan to bring 23,000 jobs and 5,000 homes to the Chicago River on the city’s North Side. Those are among new details that Chicago developer Sterling Bay unveiled Wednesday night during the long-anticipated first public meeting for its planned Lincoln Yards project, a more-than-$5 billion development planned for at least 70 acres along the river between Lincoln Park and Bucktown [...].

The master plan was designed by Skidmore, Owings & Merrill and CBT Architects with James Corner Field Operations as the landscape design contributor.

Image: Skidmore, Owings & Merrill