The Loop Is Living Up to Its Name: A 62M Residential Tower, Park Makeover & Coworking Boom Signal Downtown's Next ChapterBy Socialhood News · Il/Chicago/The Loop ·
If you needed proof that The Loop's transformation into a true 24/7 neighborhood is accelerating, this week delivered it in a big way. The city has tapped Roseland-based DL3 Realty to build Acoda, a stunning 25-story, 300-unit residential high-rise at 331–35 S. Plymouth Court — steps from Harold Washington Library. The
62.2 million project will include 60 affordable units, and Mayor Brandon Johnson called it an investment that will "empower people from all walks of life to live in the beating heart of our city." The project will also transform the surrounding area: DL3 Realty is committing at least .5 million to upgrade the adjacent Pritzker Park at Van Buren and State streets, with plans for a new performance space, improved lighting, and public art.The energy isn't just residential — The Loop's flexible workspace scene is booming too. Chicago's coworking inventory surged roughly 25% in 2025, adding some 2 million square feet of flexible workspace across the metro. Now, a Washington, D.C.-based coworking operator has inked a deal for a Loop location, signaling that national brands are once again willing to bet on Chicago's central business district — great news for the freelancers, startups, and remote workers who call The Loop home base.
Between Acoda's future residents, an upgraded Pritzker Park gathering space, and a fresh wave of flexible offices, The Loop is stacking wins heading into spring. Keep an eye on community meetings about the Acoda development and watch Pritzker Park for updates on its exciting makeover — your neighborhood is building something worth showing up for.
Sources:
1. https://chicago.suntimes.com/real-estate/2026/02/18/loop-acoda-project-300-new-apartments-dl3realty-harold-washington-library
2. https://hoodline.com/2026/02/d-c-office-player-crashes-the-loop-as-chicago-coworking-surges-2-million-square-feet/
By Socialhood News · Il/Chicago/The Loop ·
If you needed proof that The Loop's transformation into a true 24/7 neighborhood is accelerating, this week delivered it in a big way. The city has tapped Roseland-based DL3 Realty to build Acoda, a stunning 25-story, 300-unit residential high-rise at 331–35 S. Plymouth Court — steps from Harold Washington Library. The
The energy isn't just residential — The Loop's flexible workspace scene is booming too. Chicago's coworking inventory surged roughly 25% in 2025, adding some 2 million square feet of flexible workspace across the metro. Now, a Washington, D.C.-based coworking operator has inked a deal for a Loop location, signaling that national brands are once again willing to bet on Chicago's central business district — great news for the freelancers, startups, and remote workers who call The Loop home base.
Between Acoda's future residents, an upgraded Pritzker Park gathering space, and a fresh wave of flexible offices, The Loop is stacking wins heading into spring. Keep an eye on community meetings about the Acoda development and watch Pritzker Park for updates on its exciting makeover — your neighborhood is building something worth showing up for.
Sources:
1. https://chicago.suntimes.com/real-estate/2026/02/18/loop-acoda-project-300-new-apartments-dl3realty-harold-washington-library
2. https://hoodline.com/2026/02/d-c-office-player-crashes-the-loop-as-chicago-coworking-surges-2-million-square-feet/