Chicago-based Golub & Co. and GSP Development, based in Des Plaines, have proposed a 36-story, 362-unit high-rise at 301 S. Green St. in the West Loop, according to a presentation on the Department of Planning & Development’s website. DPD’s Committee on Design is scheduled to review the plans at an April 13 meeting.
The West Loop, already popular with apartment developers, will see new projects proliferate over the next few years, especially in the Fulton Market District. Developers will complete more than 1,800 apartments in the West Loop tin 2022 and 2023, with another 9,000-plus units planned.
However, Crain’s Chicago Businessreported that Golub and GSP aren’t following the crowd into Fulton Market. Their site, currently occupied by a parking lot and low-rise buildings, is well south of the former meatpacking district. At 404 feet, the project would be among the tallest within a two or three-block radius.
Rendering courtesy of Golub & Co. and GSP Development.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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