Full building permits have been issued for the residential development at 3449 N Ashland Avenue in Lake View. This third and final phase of a larger block-long project will sit on the southeast corner with W Cornelia Avenue and finish the replacement of the Loyola Press building that stood on the site for 97 years. Developed under an LLC for the address, Contemporary Concepts Inc is the company behind the three structures and have been working with Studio Dwell Architects on all of their designs.
The permits come just a few weeks after the adjacent phase received its own, clearing the whole development to rise with phase one having been completed recently. This will be the longest of the three on the 470-foot-long site and will have the most unique design, featuring a set of cantilevered boxes creating shaded balconies below them and disrupting the overall massing. Clad in a combination of white brick in the foreground, gray brick for the main offset portions and wood grain panels in between them, it’ll bring a modern bookend for the project.
Rising four stories and 57 feet tall, the purely residential design will bring various community rooms, tenant storage, entrance lobby, a 54-bike parking room, and 27-vehicle parking spaces in the rear. It will also include four residential units facing the street which are part of the 53 in total within the structure; these will most likely be made up of studios, one-, and two-bedroom layouts akin to the rest of the development. Similarly it will offer limited amenities and no rooftop space with the main entrance being the only connection to the street.
Future residents will have bus access to CTA Routes 9 and 152 within a three-minute walk and the CTA Brown Line at Paulina station via a four-minute walk, with plenty of neighborhood amenities also nearby. The developer will also serve as the general contractor of the project which can now move forward with its construction, although a formal groundbreaking has not been announced, once work begins we can expect a 12 to 18 month timeline based on similar proposals.