South Street Capital has announced its plans to build a second high-tech office at 934 N. Branch St. on the site of the old Goose Island Boat Yard, a three-acre property, reports Chicago.curbed.com. The property was purchased for nearly $8.25 million on Aug. 28.
The firm has assigned the $90 million project’s design responsibility to Chicago-based Hartsthorne Plunkard Architecture. HPA will design a six-story 350,000 sq. ft. office building with glass façade and expressed steel, while the total structure will be raised above one level of covered ground parking.
The design includes an elevated curvy pedestrian and cycling bridge to cross the Chicago River, providing easy access as it connects the building and another major tech office development at 909 W. Bliss St. Additionally, the firm is also considering adding a water taxi stop to the development.
“The building’s design references and relates to a second project located across the street that will be developed by the same team,” a news release on the HPA site reports. “With the adaptive reuse of an existing industrial building at 909 W. Bliss Street into 248,000 SF of office space, Goose Island will be transformed into a high-tech commercial campus.”
South Street Capital managing principal and co-founder Matt Garrison says the developers are looking for as much private money as possible to make the bridge a reality.
No details have been given as to when construction will start.