Word came out in June that Oregon-based developer Gerding Edlen was planning to build an 18-story, 240-unit apartment tower opposite the soon-to-open Division Street Target. The project makes full use of density allowances in place since John Breugelmans' failed 2010-11 bid for the same number of condos. New renderings show a light glass building of the slab species with a minimal podium and irregular checkering. Not bad when you look at selections in either direction from the site— the precast brick of Parkside of Old Town and the blankness of Target. According to Skyscraper Page's Spyguy, but not confirmed at this time, Edlen plans to supply a 10% public housing share. Another 10% would be kept affordable. Edlen wants to believe this site belongs to the "emergent" Clybourn Corridor instead of the emergent Cabrini. Either way, the retail and the people keep arriving. The development will aim for LEED-Gold certification and a May 2015 delivery.
·West Coast Developer Gets Involved in Two Apt Tower Plans [Curbed Chicago]
·Trail lead to Chicago for Oregon apartment developer [Crain's]
·Gerding Edlen [official]