Construction continues on the mixed-use redevelopment of 4715 N Western Avenue in Lincoln Square. Sitting across the street from the CTA Brown Line Western stop in the heart of the neighborhood, the project replaced a long-term surface parking lot. Developer The Community Builders is behind the project with local firm DesignBridge on its design.
Read More
Zion Woods, a project for affordable housing, has begun construction on a nine-acre parcel next to Zion Evangelical Lutheran Church in Deerfield. Initiated by the church over a decade ago, the development aims to address the increasing need for affordable housing in the area. The project, which saw its groundbreaking ceremony recently, is expected to be ready for occupancy by mid-2025.
Knight Investments LLC was recently granted a permit to construct a two-story, three-dwelling unit building with a basement at 2712 West 24th Place in Marshall Square. The building will feature front stairs, a rear two-story porch with stairs, and a three-vehicle parking pad in the rear. The permit was issued on April 23, after a processing time of 243 days.
“Star Wars” creator George Lucas, have expanded his real estate portfolio with the purchase of a $11.2 million 66th-floor penthouse in Streeterville’s 800 N Michagan Avenue building from Citadel founder Ken Griffin. They plan to merge this penthouse with their existing 65th-floor condo, bought in 2015 for $18.75 million, to create a 16,000-square-foot duplex penthouse. The total cost for this project is estimated at $33.5 million, setting a new record for Chicago’s most expensive condo. Architect Scott Fortman of Gibbons, Fortman & Associates is overseeing the design, which includes adding two new interior staircases and upgrading electrical and mechanical systems as reported by the Chicago Tribune.
A zoning application has been submitted for the mixed-use development at 2035 W Irving Park Road in North Center. Replacing a small commercial building and adjacent parking lot, news on the project were revealed earlier this year. The application was submitted by developer Altitude Capital Partners as local firm Jonathan Splitt Architects works on its design.
