Chicago's skyline is about to get a bold new addition, and it's sparking conversations about the future of urban living. Imagine a 28-story residential tower rising over 300 feet, transforming the corner of North Dayton Street and West Evergreen Avenue in Lincoln Park. But here's where it gets controversial: this project, led by Honore Properties and Peerless Development, is not just another high-rise—it's a statement about modern architecture and community needs. Designed by bKL Architecture, the same firm behind Fulton Market's iconic The Dylan, this building promises to blend industrial charm with contemporary elegance, featuring glass facades accented by black metal vertical stripes that nod to the area's historic roots.
And this is the part most people miss: the development isn't just about luxury living. It includes 68 affordable units, addressing Chicago's pressing need for accessible housing. The tower will also offer a mix of studios, one-, and two-bedroom layouts, catering to a diverse range of residents. But the amenities don't stop there—a five-story podium with over 100 parking spaces, a large inset amenity floor connected to an outdoor deck, and a sprawling rooftop deck for residents to enjoy panoramic views of the city.
To make this vision a reality, the developers are leveraging the development rights of three surrounding parcels, a move that has both supporters and critics weighing in. With an estimated cost of $145 million, the project still needs city approval, but the team is optimistic about breaking ground this fall and completing construction by spring 2028. Is this the kind of development Chicago needs, or does it raise concerns about density and neighborhood character? Let us know your thoughts in the comments below.
For those keeping track of Lincoln Park's evolving landscape, this tower joins other ambitious projects like the 23-story development at 1333 N. Kingsbury Street and the 37-story tower at 1565 N. Clybourn Avenue. Together, these projects are reshaping the area into a hub of modern living. Stay tuned for updates by subscribing to YIMBY’s daily e-mail, following YIMBYgram on Instagram, liking YIMBY on Facebook, or following YIMBY’s Twitter for the latest in YIMBYnews.
