Site Plan Approved For First Tower At Riverline In South Loop
Details have been revealed for the first structure set to rise within the upcoming Riverline development at 1010 S Wells Street in the South Loop. Located south of the River City Apartments, Riverline was once part of a larger development that included what is now Southbank north of W Polk Street.
Now, nearly a decade after it was originally conceived, developer CMK Properties has received approval for its revised site plan. Designed by Gensler, the project will commence with a mid-parcel building first known as Building G above. This will be eventually joined by a taller structure to the north, townhomes, and a third mid-rise along Roosevelt Road to the south.
Rising 21-stories and around 226-feet in height, this first tower at the aforementioned address will still boast a large podium with 2,900 square-feet of retail space and a reduced parking count of 182 spaces. However this also saw the removal of the previously planned liner unit as the developer shifted the structure to rentals from condos.
The tower structure above hanging over the riverwalk below will feature an undulating facade clad in glass. Inside will be 386-apartments, nearly 100 more than the original condominium count. Currently a unit make up is unknown, but we can expect studios, one-, two-, and three-bedroom layouts. All of which will have access to a shared rooftop.
The developer has not confirmed the amount of affordable units, but will need 77 to meet current city requirements. Future phases of the development will bring 62 townhomes with 123 parking spaces, as well a 169-unit tower on Roosevelt Road supported by 205 parking spaces and 1,700 square-feet of retail.
Currently a timeline for the Building G and the remaining phases is unknown, with a third tower on the northern end shown under a separate parcel. However with this approval the developer is free to move forward with construction, having already submitted for permits.
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