The City of Chicago has issued a new construction permit for a 4-story mixed-use building located at 405 West Armitage Avenue in Lincoln Park. The permit was issued on October 4, following an application process that commenced on August 19.
When complete, the property will boast six residential units and a commercial ground floor. It will feature rear decks on the second, third, and fourth floors, two roof access points, and a penthouse. Notably, it will also feature an attached 12-car garage with space for 13 bikes. Retail entries will be located at 403 West Armitage and 1952 North Sedgwick Street.
The project has paid $1,800 in fees, including $300 for building fees and $1,500 for zoning fees. The remaining unpaid fees total $18,336.45, consisting of $13,836.45 in building fees and $4,500 in zoning fees. The total project fee amounts to $20,136.45.
Plans were designed by self-certified architect Helen Liptak. The owner of the property is listed as Barrett Homes LLC, based in Chicago. The planned cost of construction is $2,922,450.
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wow 12 parking spaces
huge.
Well, $500,000 a unit construction cost for a building that’s got two indoor spaces per unit. (6 units, $2.9m construction cost) Guessing these are going to be large apartments, too, with lots of amenities given the neighborhood (they’re mentioning a penthouse). And construction cost is $500,000 a unit.
Contrast that to city sponsored “affordable” buildings with one bedroom apartments and low amenities that seem always to come in in the $600-800,000 range. There’s gotta be corrupting in there, people making money off the taxpayers wile doing nothing of value.
We call it the windy city exactly for this reason. The REAL cost of affordable housing is probably half that at most.
How does one ‘self-certify’ as an architect? Architects obtain licensure through a state’s department of professional regulation.