Partial funding has been announced for the residential development at 5853 N Broadway in Edgewater. Sitting near the intersection with W Thorndale Avenue and adjacent to the Broadway Armory Community Center, the building will replace a one-story building and its parking lot. The project is being led by Bickerdike Redevelopment Corporation with LBBA Architects working on its design.
Site context map of 5853 N Broadway via Google Maps
The fully affordable project is being led by the same team as the recently announced replacement for City Lit Books in Logan Square. However this one is replacing an existing Streets and Sanitation depot, with over 100 feet of street front. The mid-rise was originally proposed nearly two years ago and is set to rise 11 stories tall, a one-story reduction from previous iterations.
Updated rendering of 5853 N Broadway by LBBA
Previous second floor plan of 5853 N Broadway by LBBA
A three-story podium will stretch across the entirety of the site, with the development containing 19 vehicle parking spaces. The rest of the structure will hold 90 residential units made up of 35 one-bedrooms, 40 two-bedrooms, and 15 three-bedroom layouts, aimed at those making 60 percent of the Area Median Income (AMI). Residents will have access to a third-floor terrace as well as meeting rooms and more.
Updated rendering of 5853 N Broadway by LBBA
The exterior will be clad in a mix of prefabricated panels and brick veneer, with multi-color accent metal panels and large storefront windows on the ground floor. The partially approved funding comes in the form of Low Income Housing Tax Credits or LIHTC. While a groundbreaking hasn’t been announced, the developer had mentioned a summer 2024 start date last year.
Subscribe to YIMBY’s daily e-mail
Follow YIMBYgram for real-time photo updates
Like YIMBY on Facebook
Follow YIMBY’s Twitter for the latest in YIMBYnews
Let’s stop talking and build. By the time Chicago figures out at which end of the table to sit, New York has had the meeting and gone off to the next venture. Development here is slowed to a snail’s pace because of an inordinate amount of corruption, and the aldermanic system is a big, big part of the problem. I’m all for regulation to ensure safety and a fair process, but in Chicago it’s more of the greasing of palms than any concern for safety and fairness.
what do the nimbys think they accomplish by intimidating the aldermen into loping off a floor or more constantly ?
They , and the aldermen , are obstructing the development of needed housing and commercial spaces city wide .
Cut out the juice , cut out the aldermen .
We need more affordable housing