What is the latest status of the project “LaSalle Street Revitalization Initiative”?

The status recorded for “LaSalle Street Revitalization Initiative” is Under Construction.

What is the budget and commercial profile for the project “LaSalle Street Revitalization Initiative”?

Taiyo normalizes the budget of “LaSalle Street Revitalization Initiative” to USD 28000000.

Where can I verify the source and access all details for “LaSalle Street Revitalization Initiative”?

This Taiyo project page references CBS News along with the original URL (https://www.cbsnews.com/chicago/news/ground-breaking-new-affordable-housing-project-loop/). Taiyo standardizes official data into a consistent, searchable project profile.

LaSalle Street Revitalization Initiative

Under construction · Illinois · Last reported Mar 2025

Source: CBS News

Project

Under Construction

The LaSalle Street Revitalization Initiative aims to convert the historic Rector Building into residential apartments, marking Chicago's first office-to-residential conversion project. The initiative will add 171 new apartments to the Loop, with a significant portion designated as affordable housing, as part of a broader effort to repurpose vacant office spaces in the post-COVID era.

Status: Under Construction
Sector: Residential, Road, Commercial
Location: Chicago, Illinois, United States of America
Updated: 22 Jul 2026
Source: CBS News

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Project Information

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The project “LaSalle Street Revitalization Initiative” is an infrastructure initiative in the Residential sector, located in Chicago, Illinois, United States. Taiyo aggregates data on it from CBS News.

Participants

Not available for this record.

Status

Original status	Under Construction
Taiyo status	Under Construction
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The LaSalle Street Revitalization Initiative aims to convert the historic Rector Building into residential apartments, marking Chicago's first office-to-residential conversion project. The initiative will add 171 new apartments to the Loop, with a significant portion designated as affordable housing, as part of a broader effort to repurpose vacant office spaces in the post-COVID era.
Budget

Location

Country	United States of America (USA)
State	Illinois
City	Chicago

Source

Source	CBS News
URL

More Details

Record type	Project
Sector	Residential, Road, Commercial
Article published date	2025-04-08

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