A new apartment development for Chicago Avenue in East Village is ready to dig in. Yesterday, the city issued a building permit to 1850 Chicago LLC (Fifield Companies) for a new four story apartment and retail development that will fill the vacant stretch between 1822-50 W. Chicago Avenue. The project has been in the works for a number of years, having first been introduced back in October 2012. The following year the proposal received some changes and a new look but more recently, a community group was at odds with the developer's desire to avoid adding any affordable housing units to the plan. However, last October Alderman Moreno struck a deal with Fifield to include four affordable housing units. According to the permit, the new project will include a total of 59 apartments, 49 parking spots and just under 15,000 square feet of ground floor retail space, all at an estimated $13 million price tag.
·Building permit info [Chicago Cityscape]
·Apartment & Retail Proposal for Chicago Ave. Moving Forward [Curbed Chicago]
·Previous East Village coverage [Curbed Chicago]