IRHM, Your Global Window into Real Estate and Hospitality

February 22, 2026

Loop

A new 25-storey mixed-use development is set to rise in Chicago's Loop following the selection of the ACōDA project by city officials. Led by DL3 Realty, the $162.2 million tower at 331-35 S. Plymouth Court will provide 300 homes, with 20% reserved for affordable housing. Mayor Brandon Johnson hailed the scheme as a vital step in tackling the city's housing shortage while providing residents with better access to transit and jobs.

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