A new mid-rise apartment building has received the all-clear to begin construction at 740 N. Aberdeen Street in River West, where Ogden Avenue crosses the Kennedy Expressway. Chicago developer Fifield Companies recently landed a foundation permit for the 12-story project designed by local architecture firm FitzGerald Associates Architects, according to Chicago Cityscape.
The development will replace a parking lot and a vacant 5,000-square-foot building owned by real estate investor John Kelly, who first got zoning approval to redevelop the site back in early 2017. The latest plans call for 188 rental units, 80 parking spaces, 2,400 square feet of ground-floor retail, and tenant amenities including a pool deck, fitness center, party room, co-working space, and a dog park.
The project at 740 N. Aberdeen Street is the second major transit-oriented development (TOD) to crop-up across from the CTA’s Chicago Avenue Blue Line stop in recent years. It joins the two-tower, 363-unit Spoke apartments at 728 N. Morgan Street and the 196-unit rental tower currently under construction at 730 N. Milwaukee Avenue.
Work at 740 N. Aberdeen is currently underway, and its developers plan a formal groundbreaking event later this year. The glassy mid-rise rental project is expected to welcome its first tenants in October 2020. Fifield is also behind the 727 West Madison tower in the West Loop as well as the redevelopment of Logan Square’s former Mega Mall site into 220 apartments.