Structural work has now begun on the second floor of 140 N Ashland Avenue, a 12-story mixed-use building rising in Near West Side. Under development by Marquette Companies, the new building will be integrated with an existing five-story brick building adjacent south, yielding a total of 210 apartments atop ground-level retail. The development will yield a minimum of 10 percent on-site affordable units, while it has yet to be determined if the remaining five percent will be on site or off.
The residential space will have studio, one-, two-, and three-bedroom apartments available, with some units including private balconies or terraces. The common areas will feature a lounge and co-working area, in addition to an indoor/outdoor amenity deck on the 12th floor.
The design by Brininstool + Lynch consists of two volumes – one shorter and one taller – making up the new tower. The tallest point will reach a height of 154 feet above street level. The building will feature a modern facade with materials such as glass, metal, and fiber cement panels in different shades of gray.
The sustainability component features electric car charging stations, green roofs, and a waste diversion of 80 percent during the construction process. The building is not just meeting the criteria for the Energy Star certification, it is exceeding it by 10 percent.
The project will have 62 on-site parking spaces in a podium garage. It is located next to bus stops for Routes 9 and X9, and the Ashland CTA L station offering service for both Green and Pink Lines is just above it. Route 20 bus is available via a five-minute walk south to Madison & Ashland.
Power Construction has been chosen as the general contractor for the $52 million project, though no completion date has yet been given.