Tadman wrote:Funny you mention that - I walked past today. There were plenty of Amtrak trucks parked in said block to the south, and I was wondering if they were going to start a project there. The parking lot on Canal was also fenced off, as if a development is starting there, too.
There is, in fact, a new project being developed on the site. It is named River Point; its official address will be 444 West Lake Street. It is currently slated to be 45 floors, with a total height of 650 feet, although the developer, Hines, has suggested that it may grow taller, if needs dictate. The website for the project is as follows:
http://www.chicagoriverpoint.com/
The current work is to construct a deck over the tracks, upon which the building will be built. The deck will also have a plaza that will look out over the river. Unfortunately, the tower was in the way. I don't know whether the possibility of moving the tower was ever seriously considered.