Financing has been secured to kick off the construction of the residential development at 537 W Drummond Place in Lincoln Park. The project will be replacing a surface lot as the second phase of the Covent Hotel redevelopment on the corner with N Clark Street. Local developer Drummond Development is leading efforts with architecture firm Brininstool + Lynch on the design.
The mixed use development at 3318 W Montrose Avenue in Albany Park has been approved by the Chicago City Council. Sitting on the northeast corner with N Christiana Avenue, we originally covered the project nearly a year ago as details were revealed. Now developer Yuriy Chvyrenko has gained approval for their revised design.
A couple of office buildings have moved one step closer towards their residential conversion centered around LaSalle Street in The Loop. With rising vacancy rates across the city’s central business district, more and more office structures are making the switch to residential.
The new DePaul University Sports Facility is taking a step forward with Alderman Approval at 2300 N Sheffield Avenue in Lincoln Park. Located near the intersection with W Belden Avenue, the project has been at the center of much controversy as plans call for the structure replacing multiple residential buildings owned by the university and commonly used for student housing.
Work is set to commence for the residential conversion of the former Charles Earle Elementary School at 6121 S Hermitage Avenue in West Englewood. Sitting on the corner with W 61st Street, the school closed in 2013 with plans for its conversion dating back to 2017. Since then, Wisconsin-based developer Gorman & Co. has been working towards this date.
