Chicago/ Real Estate & Development

Demolition Permit In Hand For Newstreet's 200 W. Ohio Plan

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Published on November 14, 2026
Demolition Permit In Hand For Newstreet's 200 W. Ohio Plan200 W. Ohio St. — Street-Level Chicago Scene
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A three-story building at the northwest corner of West Ohio and North Wells is lined up to come down. The replacement on the drawing board is a five-story mixed-use building.

Chicago developer Newstreet is planning the project at 200 W. Ohio, in River North, Urbanize Chicago reported Friday. Urbanize Chicago reported that a demolition permit is already in hand. Permits to build the new structure have not been filed.

Forty-Eight Homes Over Retail

Pappageorge Haymes designed the proposed building, which would hold 48 residential units and 4,800 square feet of ground-floor retail. Retail would run along the street frontages, with a residential entry sharing that level. The homes would sit on the upper floors.

Shared amenities are drawn for the second floor, extending onto a landscaped outdoor terrace. On its project page, Newstreet describes the scheme as designed and subject to change through construction.

Clearing The Corner

The existing three-story building is to be demolished. Urbanize reports that Taylor Excavating & Construction can clear the site under the demolition permit, in preparation for the new development.

The demolition work is authorized, while new-construction permits remain unfiled, leaving the corner closer to a teardown than to a building rising.

One Parcel In A Busy Permit Stretch

Chicago Cityscape lists 200 W. Ohio under PIN 17-09-230-018-0000.

The wider city has not been idle. Since July 16, Chicago has issued 318 new-construction permits, 724 major-renovation permits, and 249 demolition permits that were not limited to tearing down a garage, according to Chicago Cityscape's development tally.

This Ohio Street proposal is still on the demolition side of that ledger. Until new-construction permits are filed, the five stories, the terrace, and the retail frontage remain a design rather than a job under way.

Chicago-Real Estate & Development