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Pilsen, Little Village, Back of the Yards

Developer Plans 22-Story, 20-Story Apartment Towers And 11-Story Office Building In Fulton Market

LG Development wants to add 450 apartments to the booming neighborhood.

LG Development looks to build a 20-story apartment building at the vacant lot at 1150 W. Lake St.
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WEST LOOP— A developer is set to unveil plans for two residential towers that would add 450 apartments to the area and an office building at a meeting this week in Fulton Market

Chicago-based LG Development will pitch plans for two apartment towers at 168 N. May St. and 171 N. Racine St. and an 11-story office building at 1150 W. Lake St. at a community meeting at 6 p.m. Tuesday at Revel Fulton Market, 1215 W. Fulton Market.

Under plans, the two apartment buildings would include 446 units and would scale 20 and 22 stories, according to a source familiar with the project.

The 22-story building would be 245 feet tall, a source said, and the proposal would include 20 percent affordable units built on-site.

If approved, LG Development will buy the properties from sausage maker ATK Foods for more than $30 million, according to Crain’s.

The 11-story office tower would replace a vacant lot and include ground-floor retail, according to a source.

The developer is seeking a zoning change to a DX-5 Planned Development.

The West Loop Community Organization and Ald. Walter Burnett Jr. (27th) will co-host the meeting.

LG Development did not return requests for comment. 

LG Development’s latest proposal comes just after they presented plans for a 21-story office building and a 17-story hotel in Fulton Market.

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