New River North Development Proposal at 225 W. Chicago Avenue / 777 N. Franklin Street

Centrum Realty & Development is pleased to present a 9 story office development plan for the southeast corner of Chicago & Franklin. Formerly a Wal-Mart Express, the 15,000 square foot building has been vacant for many years.

After studying multiple options to revitalize the site, Centrum is proposing a 9-story, contemporary office building that is designed to meet the consistently strong office demand in the River North market.

Located at the Chicago Avenue Brown/Purple Line stop, and served by the #66 Chicago Avenue bus route, the building will have great appeal to public transit users. The office plans include a fitness and conference center, in addition to a top floor lounge with large outdoor terrace overlooking the city sky line. The project will include retail at the first level, with a targeted tenant mix designed to complement the office users and further activate the intersection.


The proposal has secured the support of the River North Residents Association (RNRA). The project development team will also be required to present their plans for approval to the Chicago Plan Commission, Committee on Zoning, Landmarks and Building Standards and City Council. For more information about this proposal, click on the following link to view the project materials.

As part of Alderman Reilly’s transparent community process for new developments, your comments and observations are welcome for this project. Please forward any feedback to:

Source:  Alderman Reilly Reports 10/18/19