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500 N Milwaukee Avenue is Still Waiting for Action

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It's now been nine months since the city approved a developer's plan to wipe out the blighted stretch of buildings on Milwaukee Avenue just north of Grand and Halsted, and to erect two new structures on the busy corner, but there has yet to be any movement on the project. Back when the Chicago Plan Commission gave the plan the green light in January, the Chicago Architecture Blog hinted that the design could still change, and now there is a new, more detailed rendering of the residential and retail complex.

The project was first announced in February 2013, as a project from developer Contemporary Concepts, and was conceived to be a 16 story building with 240 apartment units and office space. Fast forward to last October, and Fifield Companies took over the project, and reintroduced a Pappageorge/Haymes designed two building complex. Fifield later dropped out of the deal, but developer Urban Form Investments pushed on and took the proposal to the Chicago Plan Commission earlier this year for approval (which it received). The plan includes 227 residential units, 16,000 square feet of commercial space and 113 parking spaces.

The derelict stretch of buildings still remain on Milwaukee Avenue, but SkyscraperPage Forum user spyguy has spotted a new, more detailed rendering of the project. Does this mean that it's happening soon? Maybe. Is it still Pappageorge/Haymes? Quite possibly. The property has long been eyed by builders for redevelopment, but even after the Plan Commission has approved two separate plans for the site over the last few years, the stretch has not seen any action yet.

·500 N Milwaukee [SkyscraperPage Forums]
·Two Big Buildings In The Fulton River District Get Green Light [Curbed Chicago]
·Meet Fifield Company's Future Grand & Milwaukee Apartments [Curbed Chicago]