Invest South/West has revealed two new mixed-use development schemes for its RFP sites at 3601 W Chicago Avenue in Humboldt Park. The roughly 30,000-square-foot site is made up of two private lots and an alley to be vacated that are bound by N Central Park Avenue, W Chicago Avenue, and N Monticello Avenue. For this RFP, Invest South/West met with the community for months to derive four basic needs each development needs to focus on, those being; walkability, community safety, diversity of retail goods and service, and celebration of community.
The Community Development Commission approves Tax Increment Financing (TIF) for a residential development at 414 N Central Park Avenue in East Garfield Park. TIF is a publicly financed subsidy for local developments and is being applied for by developer Conservatory Apartments LLC. Designed by HED Architects, the project will replace a vacated parking lot for the former Laura Ward Elementary School which shuttered in 2013.
Invest South/West has revealed the development schemes for its South Shore RFP site located at 2908 E 79th Street in South Shore. The two part 1.7-acre site includes vintage, low-rise buildings along with vacant land and direct access to the Metra Cheltenham station on the Electric Main Line.
The Chicago Committee on Zoning has approved rezoning for a new residential development at 547 W Oak Street in Near North Side. Developer Brinshore-Michaels Development, LLC is teaming up with Pappageorge Haymes Architects to bring a new apartment building to an empty lot at the corner of W Oak Street and N Larrabee Street. Located on the south end of the former Cabrini-Green area, the project will benefit from being located near the new Halsted Pointe development and Sterling Bay’s recently renovated 600 West Chicago Avenue.
Initial building permits have been issued for a mixed-use development at 6001 W Lawrence Avenue in Jefferson Park. Sitting on a long vacant lot bound by W Lawrence Avenue to the north and N Austin Avenue to the east, developer Full Circle Communities plans to bring 48 residential units in a transit-oriented community. The developer’s mission to “expand access to quality affordable housing’ is partnered with Canopy Architecture + Design to bring the rose-colored buildings to life.