Updated details have been revealed for a mixed-use development at 4537 N Clark Street in Uptown. Located near the corner with W Wilson Street, the project replaces two one-story and one two-story retail buildings which were demolished last summer in preparation for construction. Developer Longford Design + Construction is also the architect behind the building, which has been a point of contention for the neighborhood since 2017.
Structural work has begun to fill out the second floor of a new five-story development at 4600 N Kenmore Avenue in Uptown. Developed by Cedar St. Companies, this new edifice will accommodate 2,500 square feet of ground-level commercial space, alongside 62 rental apartment dwellings. Attached directly to the west will be a two-story former bank building undergoing renovation as part of the development. Upon completion, the new programming at this separate 1050 W Wilson Avenue address will be a relocated performing venue for Double Door Music. As for the under construction east parcel, that site was formerly home to a surface parking lot.
In Uptown, steel work can now be seen rising for a nine-story mixed-use building known as Platform 4611 at the corner of Broadway & Wilson. Under the address 4611 N Broadway, this roughly 150,000-square-foot development by John Buck Company and Free Market Ventures will offer ground-level commercial units between 1,628 and 2,178 square feet, as well as 200 apartments on the upper levels. This parcel was formerly occupied by a low-rise masonry commercial building that was demolished early last year.
The City of Chicago has launched a new study to determine the future of N Clark Street in Sheridan Park, Winnemac, and Andersonville. The project led by the Department of Planning and Development along with the Uptown and Andersonville Chambers of Commerce will analyze the future of the commercial corridor as retail and dining experiences continue to change and evolve. Dubbed ‘Clark Street Crossroads,’ the stretch from W Montrose Avenue to the south up and W Foster Avenue to the north currently has a pedestrian street designation similar to the recently approved designation in the West Loop.
The Chicago City Council has approved tax incentives for four redevelopment projects across the city including Uptown, Humboldt Park, Chatham, and New City. All but one of the developments are new with the other being an extension of an existing credit, the incentive is as follows; commercial developments will be taxed at 10 percent for the first 10 years, 15 percent for the 11th year, and 20 percent for the 12th year before rising to the standard 25 percent thereafter. The two classes in this round of approvals are 6(b) due to new construction and 7(a) for redevelopment under $2 million.