Uptown

City Council Approves New Tax Incentives For Commercial Developments

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.

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Plan Commission Approves Senior Housing Project At 833 W Wilson Avenue In Uptown

The Chicago Plan Commission has approved a new affordable residential development at 833 W Wilson Avenue in Uptown. Developer Brinshore Development LLC has partnered with Landon Bone Baker Architect, known for their affordable housing designs, for this senior housing project. The new building will replace an empty lot just west of the intersection with N Clarendon Avenue, near the recently approved Sarah’s on Lakeview.

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Plan Commission Approves Residential Development At 4737 N Sheridan Road In Uptown

The Chicago Plan Commission has approved a new residential development at 4737 N Sheridan Road in Uptown. The developer behind the project is the non-profit organization Sarah’s Circle with Perkins + Will as the architect on the new structure that replaces an empty lot on the corner with W Lakeside Place. The new facility dubbed ‘Sarah’s on Lakeside’ is only a block away from two other properties operated by the organization.

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4600 N Kenmore Avenue. Rendering by Level Architecture

4600 N Kenmore Avenue Reaches Second Floor in Uptown

Since September’s update, structural work has risen by a floor for a new mid-rise building at 4600 N Kenmore Avenue in Uptown. The five-story building has been planned by Cedar St. Companies, whose planned programming will come with 2,500 square feet of ground-level retail and 62 rental units on the upper four floors. The development also encompasses a former bank building located adjacently west. This two-story masonry structure resides under the separate address of 1050 W Wilson Avenue, and will serve as a new performance venue for Double Door Music.

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