A permit was approved on Friday for a new three-story residential building to be located at 4745 S Michigan Avenue in the Grand Boulevard neighborhood. The owner is listed as GT Alternatives LLC and plans indicate this project will yield three total units. Additionally, the permits include a plan for three-car parking pad. The development will replace a previous structure.
Stern Group Architects LLC is listed as the architect of record. No drawings or renderings have yet been disclosed.
The closest bus service available is Route 47 and can be found at 47th Street & Indiana via a three-minute walk northeast. The CTA Green Line can also be accessed nearby at the 47th Street station via a six-minute walk northeast. There are many retail, dining, and lodging options in the vicinity within walking distance along 47th Street.
GT Alternatives LLC will also act as the general contractor for the $300,000 construction. A full timeline and an anticipated completion date have not yet been revealed.