The upcoming redevelopment of a Chase Bank in Chicago’s Ravenswood neighborhood reached an important milestone last week after the Plan Commission approved the project’s requested zoning change. Located at 1825 W. Lawrence Avenue, the three-building development is situated across the street from both the Ravenswood Metra rail stop and Mariano’s grocery store.
Developed by Harlem Irving Companies and First Equity Group and designed by Humphreys & Partners, the plan would demolish the existing bank and construct a four-story building with 107 apartments and retail plus a smaller four-story building with 59 apartments. A new single-story, stand-alone Chase branch designed by The Architects Partnership (TAP) is also part of the development. Though located in a transit-rich area, the project includes a combined 122 parking spaces with surface stalls set aside for retail shoppers and reserved garage parking for residents.
According to 47th Ward Alderman—and gubernatorial hopeful—Ameya Pawar, fifteen percent of the development’s residential units will be earmarked as affordable housing. With the Plan Commission’s blessing, 1825 W. Lawrence still needs to pass the city’s zoning board and the full Chicago City Council before it can break ground.
Commission OKs two four-story, buildings at 1825 W. Lawrence Ave. One has 107 units, one has 59 units. pic.twitter.com/ArVCbCK1L2— Chicago DPD (@ChicagoDPD) June 15, 2017
Update: While Hartshorne Plunkard Architecture was originally the architecture firm behind all three new buildings, the latest development plan lists Humphreys & Partners as the lead designer for the four-story residential structures and The Architects Partnership for the new bank.