On Thursday, October 20th a number of high-profile development projects will go before the city of Chicago Plan Commission for approval. While the time between city approval and shovels in the ground can vary, the monthly meeting is always a good indicator of projects coming down the pipeline.
Wolf Point East
↑ As revealed early this week via Alderman Brendan Reilly’s 42nd Ward newsletter, the developers of the three-tower Wolf Point project will present an updated plan for the site’s eastern residential tower. Though entitled to rise 750 feet, the skyscraper has shrunk down to 660 (though elevation drawings show 675). The presentation will also include a revised plan for traffic circulation and the development’s waterfront pedestrian riverwalk.
1408 South Wabash
↑ American Landmark Properties—previous owner of Willis (Sears) Tower—is pursuing a plan to construct a 290-foot, 296-unit building designed by architect Lucien Lagrange. The Neo French Provincial style tower will contain 4,500 square feet of ground floor retail, 80 parking spaces, and a landscaped motorcourt. Though the site’s underlying zoning will not change, the developer is seeking 58,544 square feet of bonus floor area by paying into Chicago’s Neighborhood Opportunity Fund.
201-225 West Hubbard Street
↑ The two-building development already under construction at the corner of Wells and Hubbard is going back before the city for a slight bump in height and density. While the curving office portion of the project will remain unaltered, the residential tower is seeking 15 additional feet for a new height of 285 feet and would see its unit count grow from 193 to 219. Developer Centrum Partners would contribute $417,581.60 to the Neighborhood Opportunity Fund.
57-61 West Erie Street
↑ Despite developer/contractor LG publicly stating that its proposed 12-story condominium development at 57-61 W. Erie Street would not be taking advantage of the Neighborhood Opportunity Fund, the River North project will now be going that route in order to achieve its desired Floor Area Ratio (FAR) of 6.0. Designed by NORR Architects, the building will contain 10 dwelling units and 10 ground floor parking spaces.
2231 East 67th Street
↑ The Plan Commission will vote a measure that would allow developers to rehab the 16-story Neo-Gothic Shoreline Condominium building at the southern edge of Jackson Park. The proposed $15 million renovation would de-convert the 1928 structure from dilapidated condos to 106 apartment units.
5050 North Broadway
↑ A $150 million project from Chicago’s Cedar Street Cos. to adapt Uptown’s old Combined Insurance Company office building into new residences will be also be heard at this month’s meeting. Designed by architecture firm Booth Hansen, the planned development would include 710 residential units, 600 parking stalls, and roughly 45,000 square feet of commercial space once completed.
Redevelopment of the Julia C. Lathrop Homes
↑ While no zoning changes are on tap for the previously approved plan to redevelop the Lathrop Homes public housing complex, developers are expected to present a review of the project:
A courtesy presentation for a Site Plan Review and approval submitted by Lathrop Community Partners, LLC, for the property generally located at 2820-2996 N. Clybourn Avenue; 2000- 2144 W. Diversey Parkway; 2007-2141 W. Diversey Parkway; 2601-2953 N. Leavitt Street; 2800-2888 N. Leavitt Street; 2601-2769 N. Hoyne Avenue; 2600-2768 N. Hoyne Avenue; 2600-2800 N. Damen Avenue and 2201-2223 W. Oakdale Avenue. The site is currently zoned Planned Development No. 1315 and no zoning change is contemplated for the project. (1st and 32nd Wards)
The plan—which calls for mix of public, affordable, and market rate housing, new retail, and landscaped riverwalk—was criticized for not including enough low income units and failing to preserving a sufficient number of original 1930’s buildings on site. While DNAinfo reported that changes were taking place behind the scenes to address the preservation concerns, the process is ongoing.
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