Demolition permits have been issued for a two-story bank building, clearing the way for a new commercial development at 3179 N Clark Street in Lake View. Hubbard Street Group has planned the new two-story structure, which will be able to accommodate 59,000 square feet of retail or commercial space, and will include 295 feet of store frontage along W Belmont Avenue.
The rectangular design rounds at the corner of Clark and Belmont, and is wrapped in a mix of brick, open wall space for public artwork, and industrial-inspired windows with dark metal accents.
Underneath the building will be a parking garage with spaces for both tenants and visitors. Access to the garage will be available off of N Clark Street, while loading will be available from the rear off of N Halsted Street.
Public transportation options in the area comprise of bus stops for Routes 22 and 77, accessible from the adjacent intersection of Clark & Belmont. At the other adjacent intersection of Halsted & Belmont, tenants and visitors will find additional service for Routes 8, 151, and 156.
Those looking to board CTA trains will fine Belmont station within a four-minute walk. The station offers service for all three of the Red, Purple, and Brown Lines.
Taylor Excavation and Construction is serving as demolition contractor for the existing bank building. No anticipated construction timeline has yet been revealed.