The development, planned by Volo Holdings, LLC, will feature retail on the ground floor, with 17 units above. The building will also include a rooftop deck, rooftop stair enclosure, a partial deck over the garage, and private deck and balcony spaces accessible to the units. Volo Holdings has planned an additional 33 spaces of parking to be included in the first floor.
The development faces east along N Western Avenue at the intersection of W Iowa. This intersection houses both north and southbound stops for Route 49. Other routes in the area include the east and westbound 66 at Chicago & Western, a three-minute walk south. Additional bus access an eight-minute walk north to the intersection of N Western Avenue and W Division Street. The intersection includes stops for 49 and the 49 express, as well as the east and westbound route 70.
The two nearest CTA L stations are each just under half an hour’s walking distance from the property. To the northeast is Division station, serviced by the Blue Line. Meanwhile, to the southwest is California station, serviced by the Green Line.
Parks in the area offer a wide variety. Residents will be able to access the 10.2-acre Smith Park, located an 11-minute walk southwest. Additional outdoor space can be found an 18-minute walk northwest to the edge of the much larger, 207-acre Humboldt Park.
Diamond Partnership, LLC will be the general contractor for the nearly $5.7 million project. A completion date has not yet been announced.