A relatively sleepy stretch of Lincoln Avenue that long grappled with reduced foot traffic and high retail vacancy after the closure of the nearby Children's Memorial Hospital is ready to host a new, six-story commercial structure. Part of the larger $350 million Lincoln Common project, the upcoming brick-clad building at 2350 N. Lincoln Avenue was awarded its full construction permit over the weekend.
Boasting ground floor retail topped by five levels of loft-style office space, the new building will rise just across from the six-acre parcel once occupied by the demolished hospital’s main tower. Here, work is underway on its replacement—a pair of 20-story, mixed-use high-rises containing roughly 540 apartments and even more retail space.
The duo started foundation work in June, sprouted a pair of tower cranes in August, and were issued full building permits in October. The Lincoln Common project is being developed by McCaffery Interests and Hines and comes from architects Antunovich Associates and Skidmore, Owings & Merrill.