Renderings have been revealed for the mixed-use development at 1840 N Marcey Street in Lincoln Park. Located just west of N Clybourn Avenue across the river from Lincoln Yards, the proposal will replace a one-story commercial building bound by railroad tracks to the south. Developer Sterling Bay presented the SCB-designed to local neighbors at a community meeting earlier this week.
The long 94,000-square-foot site will be split into two sub-areas each containing a high-rise. To the north will be the taller of the two, the tower will rise 27 stories and 321 feet in height with a site-wide podium. Within it will be three retail spaces on all four elevations, amenity spaces, lobby, and 206 vehicle parking spaces capped by a large outdoor deck. The upper floors will contain a reduced 300 residential units averaging 747 square feet apiece.
To the south will be a curved 16-story and 214-foot-tall tower. This will sit above its own podium with 154 underground parking spaces, three retail spaces, amenities, and a lobby capped by its own outdoor deck. The floors above will hold 308 residential units averaging 780 square feet. Both of the structures will have gray brick-clad podiums, with the towers above clad in a curtain wall with a dark gray metal panel grid.
In total there would be 608 units of which 92, or 15 percent, would be affordable. This is due to the developer paying $4.5 million into the Affordable Housing Opportunity Fund in lieu of the required 122-units. During the meeting neighbors mainly commented on the height and density, lack of demand, needing additional parking due to lack of transit, while some called for the developer to build all of the affordable units on site.
The developers will now take the comments back to the drawing board and present any revised plans at a follow-up meeting. Currently no cost is known for the project nor has a groundbreaking date been announced. Sterling Bay is also behind two other proposals nearby including 2033 N Kingsbury Avenue, all surrounding the future home of Lincoln Yards.