A major redevelopment plan is on the horizon for a corner of West Loop, as F&F Realty seeks to transform an existing office building into a hub of residential and commercial activity. The eight-story Universal Overall Co. building at 1060 W. Van Buren St. is slated to be converted into 111 apartments, with a ground-floor retail space that will provide a lively frontage for the area.
In addition to this conversion, F&F Realty has proposed building an adjacent, 27-story skyscraper featuring 214 units of luxury housing. These will include a mix of loft-style studios, one-bedroom lofts, and larger, two-bedroom corner units. Residents will enjoy access to amenities like a dog wash, coworking space, fitness center, and rooftop terrace.
The project's proximity to public transportation and its promise of affordable housing options are likely to be major selling points for local residents. Specifically, 65 units will be reserved for low-income tenants, with rents designed to be within reach of those earning an average of 60% of the area median income.
While the proposed plan has generated significant interest among stakeholders, F&F Realty's representatives have so far refused to comment on the project's details or timeline. The Chicago Plan Commission is set to vote on the proposal in early January, with a successful outcome paving the way for final approval by the City Council.
The project's inclusion of parking facilities, a rooftop pool, and retail space adds to its appeal as a mixed-use development that will enrich the local community while also generating new revenue streams. As the West Loop continues to evolve into one of Chicago's most desirable neighborhoods, this ambitious plan may well be just what the area needs to take center stage.
In addition to this conversion, F&F Realty has proposed building an adjacent, 27-story skyscraper featuring 214 units of luxury housing. These will include a mix of loft-style studios, one-bedroom lofts, and larger, two-bedroom corner units. Residents will enjoy access to amenities like a dog wash, coworking space, fitness center, and rooftop terrace.
The project's proximity to public transportation and its promise of affordable housing options are likely to be major selling points for local residents. Specifically, 65 units will be reserved for low-income tenants, with rents designed to be within reach of those earning an average of 60% of the area median income.
While the proposed plan has generated significant interest among stakeholders, F&F Realty's representatives have so far refused to comment on the project's details or timeline. The Chicago Plan Commission is set to vote on the proposal in early January, with a successful outcome paving the way for final approval by the City Council.
The project's inclusion of parking facilities, a rooftop pool, and retail space adds to its appeal as a mixed-use development that will enrich the local community while also generating new revenue streams. As the West Loop continues to evolve into one of Chicago's most desirable neighborhoods, this ambitious plan may well be just what the area needs to take center stage.
like they're gonna turn it into some fancy skyscraper city or something. i'm all for progress and stuff but can't we just preserve a little bit of old chicago? you know, keep some character in the neighborhood? this new development sounds super fancy but what about all the small businesses that might get pushed out to make way for more luxury housing? 
for those 65 affordable units... still a step in right direction, though 
. Also, rooftop pool is nice touch 
, but can we ensure that the noise from high-rise isn't gonna be an issue for existing residents? 
! I mean, can you imagine living in a beautiful 8-story building with apartments and shops right next door? It sounds like it's gonna bring so much energy to the area 
. And that they're including affordable housing options is totally awesome 
. 65 units reserved for low-income tenants will make a huge difference, you know? I'm curious about what kind of vibe the rooftop terrace and coworking space are gonna be like – hope it's super chill 
. Fingers crossed everything goes through and this project becomes a reality! 
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. And with all that retail space on the ground floor, it's gonna be so much fun to explore and shop around 
.
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It's gonna be a game-changer for the area, and I'm curious to see how it plays out once the Chicago Plan Commission votes on it in Jan. 
. And the fact that they're including affordable units is a huge win for the community 
.
idk about me, but I think I'd be the one crying all the way back to my apartment when the rent comes out 
. but at the same time, 27-story skyscraper feels like a bit too much 
? and whats the deal with f&f realty not commenting on the project's details or timeline 
? should be more transparency about this kind of big-ticket development 
Plus, 65 units reserved for low-income tenants sounds good on paper, but how many of those are actually gonna get filled by people who need them? 
I'm so stoked about this redevelopment plan for the West Loop! It's amazing to see a major player like F&F Realty stepping up to create more affordable housing options for locals 
. Plus, the addition of parking facilities, a rooftop pool, and retail space makes this project feel like a total game-changer 
!
