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18-story senior housing development could replace Edgewater parking lot

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Dubbed Overture Edgewater Beach, the Sheridan Road proposal would deliver 186 age-restricted apartments

According to a recent email from Alderman Harry Osterman (48th), a plan to bring a new 55 and over housing development to Chicago’s Edgewater neighborhood is preparing to move forward. Slated for the parking lot at 5440 N. Sheridan—previously the site of the stalled Bluewater condo proposal—the revised rental project comes from developer/operator Greystar.

Known as "Overture Edgewater Beach," the plan—if approved—would deliver 186 age-restricted apartment units ranging between one and two bedrooms in size. The development would also include a 4th floor outdoor pool deck, approximately 9,000 square feet of indoor amenity space, and parking for 190 motor vehicles, reports Edgeville Buzz.

The look of the proposed building is relatively bland and lacks some of the finesse of the Bluewater design—especially with regards to the parking podium. While the stillborn condo project was a collaboration between Chicago architect Pappageorge Haymes and Barcelona's F451 Architectura, it appears the local firm is tackling the "Overture" plan solo.

Developers Building New Sheridan Rd. High Rise Try To Move Project Forward [Edgeville Buzz]

Developer Proposes Apartment Tower for Failed Bluewater Site in Edgewater [Curbed Chicago]

Resurgent Bluewater 5440 To Offer High-Rent Edgewater Apts [Curbed Chicago]