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.
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.
SOM and CBT Architects are responsible for the master plan of Lincoln Yards, which was finally approved in March of 2018 and will feature landscape consulting from James Corner Field Operations. The 53-acre development will include some 6,000 residential units and is anticipated to achieve a LEED-Silver Certification upon completion.
The entire project should take around a decade. Sterling Bay says the next phase will be ready within two years of groundbreaking.
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Great gentrification work!
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