Developed by Bond Companies, the 108-foot-tall structure will provide ground-floor retail and 113 residential units. The Chicago Sun Times reported that six of the on-site units will be affordable, while Bond Companies will provide additional off-site funding for 17 such units. Amenities will comprise of a fitness center, a dog run and wash, an amenity room, and two common terrace areas on the second and eighth floors.
The project’s architect of record is FitzGerald Associates, whose most recent design consists of a stepped-massing of various heights. The exterior will include a masonry facade along the base, with multi-colored stucco cladding and balconies on the upper floors.
Parking will include 29 spaces, as well as a host of nearby transit options. Nearest bus routes include east and westbound stops for Route 65, located a four-minute walk southwest to Grand & Racine. Routes 56 and 66 are both located a six-minute walk northwest, at the intersection of Milwaukee, Ogden & Chicago. Nearest CTA L availability for the Blue Line also lies at this intersection via Chicago station.
Residents will find Eckhart Park nearby, located a nine-minute walk northwest.
National Wrecking Co is serving as demolition contractor for the single-story masonry building that occupied the site. A full timeline for the $40 million project has not yet been revealed, and a full approval from the City Council is still required to permit construction.