Initial details have been revealed for a new mixed-use development at 6114 S Drexel Avenue in Woodlawn. Located just south of the intersection with E 61st Street, renderings for the project have not been released at the moment. The development is being led by Graham Properties 4 LLC.
The proposal replaces a vacant lot near the University of Chicago and future Obama Presidential Center, behind the recently completed 825 E 61st Street which had the same development team. Like the adjacent 825 61st Street, this project was also designed by Chicago-based firm Hanna Architects. The building is set to rise five-stories and roughly 60-feet in height and most likely be clad in brick.
The first floor will contain office space, residential lobby, and 12-vehicle parking spaces of which nine will be in an enclosed garage and three exterior spots on a concrete pad. The upper floors will hold 24-residential units most likely made up of studios, one-, and two-bedroom layouts. Of these five-will be considered affordable.
The building permit application shows that the structure will have balconies on floors two through five as well as a rooftop deck. As the building is being completed as of right, it has already received full building permits with 5 Seasons Development Company serving as the general contractor. Currently a final timeline has not been announced.
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Finally some market rate development. We need about 100 more of these in this neighborhood. Enough with the subsidized housing
Tupper I don’t know how regularly you’ve followed this web site over the past few years but there’s been dozens and dozens and dozens of 3-flat developments launched on the side streets all over the neighborhood and it’s safe to assume those are all market rate.