loader image

New retail ready to rise at State and Elm

A rendering of 1139 N. State Street.

The contemporary three-story building replaces an older brick structure

A new three-story retail development is ready to rise at the southeast corner of State and Elm streets at the northern end of the bustling Rush Street corridor. Known by the address of 1139 N. State Street, the 50-foot structure was issued a $5.7 million construction permit last week.

The newly green lit project comes from Newcastle Limited and Chicago-based NORR Architects—a duo that previously collaborated on the Steak48 project at 615 N. Wabash in River North. The Gold Coast development has yet to announce commercial tenants, but hopes to build off the success of nearby additions like the condos at 4 E. Elm and Viceroy Hotel.

The project, which was approved by the Chicago Plan Commission in April, replaces a three-story building once occupied by RA Sushi on the ground floor with apartments above. The early 20th century structure was demolished this summer, according to Preservation Chicago.

1139 N. State Street isn’t the only new development on tap for the prominent Near North Side corner. Across the intersection, a site currently home to a Lou Malnati’s pizzeria and Barnes & Noble bookstore is seeking buyers and could potentially support a new high-rise project, says the Chicago Tribune.


Google Street View
The now-demolished older building that previously stood at State and Elm.
Recommend0 recommendationsPublished in Real Estate

Share this story with your network.

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on print

Responses

Recent Stories

Del Marie: locked down, but not out

The rapper-dancer-performance poet rolls with the pandemic punches. 2020 started off so well. January and February were great months for 27-year-old rapper, dancer, and performance

Read More »

Speak with a local expert now.

Learn more about this recent happening by speaking with an agent.

X