As the 30th tallest construction project in Chicago’s year-end countdown and poised to stand 155 feet in height, 140 N Ashland Avenue is now making headway in Near West Side. The 12-story building by Marquette Companies will attach to an existing five-story brick building, offering a total 210 rental apartments in addition to first-floor retail. At least 10 percent of the units will be affordable, while the remaining five percent will either be on- or off-site (yet to be indicated).
Residences will scale in size from studios up to three-bedrooms. Select units will be accompanied private balconies or terraces. All residents, meanwhile, will have access to a common lounge area, a co-working area, and an indoor/outdoor amenity deck on the 12th floor.
Designed by Brininstool + Lynch, the tower’s design will comprise of two rectangular volumes, flanking its existing masonry neighbor to the north. The exterior will provide a range of facade materials such as metal and multi-tone fiber cement paneling, leaving for a layered visual effect.
There will be a significant sustainable aspect to the project, which includes electric car charging stations within the garage and green roofing. The new construction will also surpass the Energy Star certification criteria by 10 percent, while also diverting 80 percent of waste generated by the build.
In addition to 62 on-site parking spaces in a podium garage, the project is situated next to bus stops for Routes 9 and X9, while Route 20 bus is available via a five-minute walk south to Madison & Ashland. The Ashland CTA L station offering service for both Green and Pink Lines sits just to the north of the property via the elevated subway.
Power Construction has been selected as the general contractor for the $52 million project, though an exact completion date has not yet been announced.