WEST LOOP — A prominent West Loop developer will pitch plans for a 33-story apartment high-rise near the Morgan Green Line station at a community meeting next week.
Earlier this year, Sterling Bay filed a zoning application to build a transit-oriented high-rise at 160 N. Morgan St. with 320 apartments, 90 parking spaces and 2,800 square feet of ground-floor commercial space. The proposed tower would replace the former drive-thru South Central Bank building just south of Federales restaurant.
The developer will share plans during a virtual community meeting at 6 p.m. Tuesday, May 4. The meeting is hosted by Ald. Walter Burnett Jr. (27th) and the West Loop Community Organization.
The proposed tower would replace the former drive-thru South Central Bank building which currently stands just south of Federales restaurant. The single-story structure was recently home to a Burrow House furniture showroom and hosted a psychedelic Gucci pop-up store last year.
At 380 feet, the project at 160 N. Morgan St. would be the neighborhood’s second tallest residential tower west of Halsted Street — eclipsed only by the 495-foot rental building in the works for 906 W. Randolph St.
The city’s affordable housing regulations will require Sterling Bay to provide 20 percent of its apartments at an affordable rate. According to the application, the developer will include 32 affordable units within the new tower and pay to build another 32 affordable apartments off-site.
The apartments at 160 N. Morgan St. will be Sterling Bay’s first residential development in the West Loop area after spending the last decade focusing on commercial projects like the Google building at 1K Fulton, the Ace Hotel, and the McDonald’s global headquarters.
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