While yesterday’s meeting of the Chicago Plan Commission approved a number of new rental developments in Lakeview, Jefferson Park, and River West, the city will consider a pair of River North condominium proposals today. Chicago’s Zoning Board of Appeals (ZBA) will vote on measures allowing the construction of a 12-story condo building on Superior and a 13-story project on Huron.
360-66 West Superior
Slated for 360-66 W. Superior, a 34-unit condo project is seeking zoning relief to allow “residential use” (ie parking) instead of retail on the lowest of its planned 12 stories. Developed by Ascend Real Estate Group and penned by FitzGerald Associates Architects, the development hopes to feature a lobby and 63 parking spaces and a rooftop amenity space. Located at the northeast corner of Sedgwick and Superior, the site is currently occupied by a pair of low-rise commercial buildings.
56 West Huron
Roughly four blocks to the southeast of 360 W. Superior, Deerfield-based Kiferbaum Development is on today’s ZBA agenda seeking permission for a narrow 13-story building proposed for 56 W. Huron. The development would replace a 1912 church turned hair salon with 11 high-end condo units and ground-floor parking for 11 vehicles. So far no renderings of the planned building have been publicly released. The parcel was rezoned from DX-5 to DX-7 classification last year. The vacant lot to the immediate east is not part of the proposal.
Though downtown Chicago’s record post-recession building boom has been largely fueled by demand for new rental apartments, hotel rooms, and Class A office space, the condominium market is gradually bouncing back—particularly in River North.
The two aforementioned developments would join under-construction projects such as No. 9 Walton and 351 W. Huron as well as proposals on the drawing board for 356-366 W. Erie, 300 W. Huron, 146 W. Erie, and 57-61 W. Erie.
The larger but now-dormant luxury tower planned for 808 N. Wells proved to be a “bridge too far” after several months of slow sales and the unexpected death of the project’s developer.
- Renderings reveal 12-story condo project for Sedgwick and Superior [Curbed Chicago]
- Developer Looks to Bring Eleven High-End Condo Units to River North [Curbed Chicago]
- Previous River North coverage [Curbed Chicago]