On top of the headline-grabbing supertall skyscraper proposal for River North and a pair of 500-foot towers for the West Loop, yesterday saw developers submit a zoning application for a 23-story mixed-use development in Chicago’s River West. Slated for the southwest corner of Milwaukee and Carpenter, the development would replace a surface parking lot and single-story commercial structure while partially preserving and rehabbing a four-story brick office building to the immediate south.
According to the application, plans call for 226 residential units, offices, 2,300 square feet of ground floor retail, and parking for 97 cars and 166 bicycles. Developer Tandem Construction—who has offices in the existing building at 700 N. Carpenter Street—has teamed up with Chicago-based architect Antunovich Associates for the project.
The proposal will require a zoning change from a manufacturing designation to DX-5 Downtown Mixed-Use as well as the adoption of a Planned Development (PD). Additionally, the development team will pay $1.64 million for a density bonus to bring the total Floor Area Ratio (FAR) up to 7.5 points.
Located across the street from the newly-opened ‘Spoke’ apartment complex at the former site of the Gonnella Bread factory, the Tandem project is one of several new developments headed to the River West neighborhood. A seven-story building featuring 106 rental units is currently in the works for Chicago and Milwaukee while a 13-story, 188-unit project is slated for the corner of Aberdeen and Ogden.