Lowes’ aluminum roofing product is in the works for its first home, a new $2.6 million home in Chicago.
Lowes and its aluminum supplier, Boren Construction, are also looking to build another home on the Chicago site, according to a spokesperson for the Chicago-based construction company.
The company is currently building the new house on its own site at 3111 W. Illinois Ave.
in the South Loop neighborhood of Chicago, which is slated to be completed in 2019.
The site, which will be the first in the region, is located at the intersection of Chicago’s South and West Sides.
The $2,6 million house is the latest in a line of home renovations Lowes has made in Chicago and is likely to be a part of the company’s portfolio in the coming years.
The company has also built an office and retail space in the city, including its own restaurant at the former Sears headquarters, and is building a new sports and entertainment complex in the Windy City.
The Chicago Tribune reported in August that the company is preparing to build a new home in the former home of the NBA’s Chicago Bulls, a project that would be completed later this year.
A spokesperson for Boren confirmed the news to TechCrunch, but declined to comment further.
The new house, which Lowes expects to be ready in late 2018 or early 2019, is expected to be the company “biggest remodel in Chicago history,” according to the company.
It will be one of the first of several new homes Lowes will build in the area, according a company spokesperson.
In 2018, Lowes acquired an industrial property at the corner of Milwaukee and Michigan avenues in the West Loop neighborhood for $1.4 million.
A month later, the company announced it was planning to build two new homes in the same building, which it described as a “multi-purpose community center.”
The two homes, which would be built in tandem, would be located on the same block as the existing Lowes facility.
Lowes was acquired by Boren in 2017, but it’s unclear how many of its existing residential properties in the neighborhood remain.
A Boren spokesperson told TechCrunch the company has “no plans to develop or redevelop the existing property,” and that the remaining properties “have all been converted to retail.”