700 at The River District: Chicago's Premier Property Development

Last Updated on: 1st March 2025, 04:01 am

Located at the corner of W. Chicago Ave and N. Halsted St, this mixed-use development is set to transform the city’s landscape. The project, approved by the Chicago Plan Commission, combines residential units, retail space, and innovative parking solutions. Designed by Goettsch Partners and Confluence, it aims to create a vibrant community along the riverfront.

This multi-phase project replaces a previously canceled office plan, offering a fresh vision for the area. It includes landscaped riverfront spaces, enhancing the connection between the site and the neighborhood. The first phase focuses on creating a balanced mix of living, working, and leisure spaces.

With its prime location and thoughtful design, this development is poised to become a landmark in the city. It reflects the ongoing evolution of urban spaces, blending modern architecture with community-focused amenities.

Key Takeaways

Approved by the Chicago Plan Commission, ensuring compliance with city standards.
Features a mixed-use design with residential units and retail space.
Includes landscaped riverfront areas for enhanced community access.
Designed by renowned firms Goettsch Partners and Confluence.
Transforms a canceled office project into a vibrant urban space.

Project Overview and Key Development Details

This development brings a fresh perspective to the city’s architectural landscape. Designed by Goettsch Partners, the project seamlessly connects the urban streetscape to the riverfront. It features a 600-foot tower, a 500-foot skyscraper, and dual towers with a connecting podium, each phase focusing on creating a vibrant community space¹.

Chicago riverfront development

Design and Architectural Vision

The architectural vision behind this project is to transform the Chicago riverfront with elegant, high-rise structures. The first phase includes a 56-story point tower, offering 540 residential units and 9,800 square feet of ground-floor retail space¹. The design emphasizes a seamless flow between the urban environment and the riverfront, creating a harmonious connection.

Extensive landscaping and modern amenities are integral to the plan. The project incorporates a riverwalk with features like terraced seating, an overlook deck, and a playground, enhancing the community’s access to the waterfront¹.

Mixed-Use Features and Amenities

This mixed-use development is designed to inspire. The first phase includes 540 residential units, while the second phase adds 382 units and 33,300 square feet of retail space¹. The ground-floor retail spaces are crafted to encourage street-level engagement, fostering a vibrant communal atmosphere.

The project also includes 1,950 underground parking spaces and 2,451 bike parking spots, ensuring convenience for residents and visitors alike¹. With its thoughtful design and innovative features, this development sets a new standard for urban living.

“This project is a testament to the power of thoughtful urban design, blending modern architecture with community-focused amenities.”

Phase	Height	Residential Units	Retail Space (sq ft)
First Phase	600 ft	540	9,800
Second Phase	500 ft	382	33,300
Third Phase	550 ft / 650 ft	540 / 606	8,400

For more details on the city’s approval process, visit the Chicago Plan Commission Hearing page.

700 at The River District Property Development Chicago: Construction Phases and Zoning Insights

This ambitious project is set to redefine urban living with its phased construction approach. The development is organized into three distinct phases, each designed to enhance the neighborhood’s vibrancy and accessibility².

Chicago construction phases

Phase Analysis and Building Specifications

The first phase, scheduled from Q1 2029 to Q3 2031, includes a 600-foot tower with 540 residential units and 9,800 square feet of retail space³. The second phase, running from Q3 2031 to Q1 2034, adds a 500-foot skyscraper with 382 units and 33,300 square feet of retail space³. The final phase, from Q1 2034 to Q1 2037, features dual towers linked by a podium, offering 540 and 606 units respectively³.

Each phase emphasizes a seamless connection between the urban environment and the riverfront. Extensive landscaping, including a riverwalk with terraced seating and a playground, enhances community access to the waterfront³.

Zoning Approvals and Community Engagement

Zoning applications, filed in July 2023, played a crucial role in shaping the project. The Chicago Plan Commission and local committees actively reviewed and fine-tuned the details to ensure compliance with city standards².

Community engagement was integral to the planning process. Public reviews and feedback sessions helped refine design elements, ensuring the project aligns with the neighborhood’s needs². This collaborative approach fosters a sense of ownership and consensus among residents.

Phase	Timeline	Residential Units	Retail Space (sq ft)
First Phase	Q1 2029 – Q3 2031	540	9,800
Second Phase	Q3 2031 – Q1 2034	382	33,300
Third Phase	Q1 2034 – Q1 2037	540 / 606	8,400

For more insights into Chicago’s evolving urban landscape, explore major developments shaping the city.

Economic Impact and Urban Transformation

This transformative initiative is set to reshape Chicago’s economic and urban landscape. By blending modern infrastructure with community-focused design, the project aims to create lasting benefits for the city and its residents.

Chicago economic impact

Job Creation, Tax Benefits, and Infrastructure Upgrades

The project is expected to generate thousands of jobs during and after construction. This includes roles in building, retail, and maintenance, providing a significant boost to the local economy⁴.

Tax revenues from the development are projected to reach $1.1 billion over 20 years. These funds will support citywide programs, including the Neighborhood Opportunity Fund, ensuring benefits extend beyond the immediate area⁴.

Infrastructure upgrades are a key focus. Plans include new arterial boulevards, Divvy bike-share stations, and high-speed fiber connectivity. These improvements will enhance mobility and modernize the neighborhood⁴.

Neighborhood Revitalization and Public Spaces

The project will transform underused sites into vibrant, mixed-use spaces. This includes residential units, retail areas, and public amenities, creating a dynamic urban district⁴.

Public spaces are a highlight of the plan. Extensive riverwalk sections, landscaped parks, and terraced seating will offer residents and visitors gathering spots. These features aim to strengthen community connections⁴.

For more insights into Chicago’s evolving urban landscape, explore major developments shaping the city.

Conclusion

This forward-thinking initiative is reshaping urban living along the river. With its innovative design and strategic location, the project promises to create a vibrant, live-work-play environment. The development seamlessly blends modern architecture with community-focused amenities, fostering a strong connection between residents and the waterfront⁵.

From its phased construction to its economic benefits, this plan is set to redefine the city’s landscape. The site will feature a mix of residential units, retail spaces, and public areas, enhancing the neighborhood’s appeal. Its thoughtful design ensures a harmonious integration with the surrounding urban fabric⁶.

As the project progresses, it will continue to inspire and transform the area. Stay tuned for updates on this landmark initiative, which underscores Chicago’s commitment to growth and innovation in urban design.

FAQ

What is the 700 at The River District project?

It’s a premier mixed-use development along the riverfront, offering residential units, office space, and retail amenities in a vibrant urban setting.

Where is the site located?

The project is situated near Halsted Street, providing easy access to the riverwalk and surrounding neighborhoods.

What are the key features of the development?

The plan includes a mix of residential and commercial spaces, riverfront access, and public parks designed to enhance the area’s appeal.

How many phases are planned for construction?

The project is divided into multiple phases, with the first phase focusing on residential units and riverfront enhancements.

Has the city council approved the proposal?

Yes, the plan has received zoning approvals, ensuring alignment with the city’s vision for urban growth.

What amenities will be available?

Residents and visitors can enjoy retail spaces, riverfront parks, and a seamless connection to the riverwalk.

How will the development impact the neighborhood?

It aims to revitalize the area by creating jobs, upgrading infrastructure, and adding vibrant public spaces.

When will construction begin?

The first phase is set to start soon, with detailed timelines shared as the project progresses.

What is the architectural vision for the site?

The design focuses on modern, sustainable buildings that blend seamlessly with the riverfront and surrounding district.

How can the community stay informed about updates?

Regular updates will be shared through community meetings and the developer’s official channels.