Construction has ascended rapidly for two six-story structures forming the first stage of a major mixed-use development known as Southbridge, located near the southeast corner of Near South Side.
Exterior work is nearly complete for The Rosie, a seven-story mixed-use building located at 1461 S Blue Island Avenue, near the southeast corner of Chicago’s Little Italy. Planned by CEDARst and Origin Investments, the project will host 202 apartments as well as 7,600 square feet of retail space. The project lies within in a federal opportunity zone, whereby the developers agree to build in an economically distressed vicinity in exchange for tax incentives. Seven of the on-site units will also be affordable, a figure that was approved prior to an updated housing requirement, whereby at least 20 percent of units must be affordable for new projects in the area.
The proposed zoning has been approved for a five-story mixed-use development at 5214 N Lincoln Avenue in Lincoln Square. Located at the intersection of N Lincoln Avenue and W Farragut Avenue, the corner lot is currently home to an existing one-story commercial building that is vacant and will be demolished. Grand Properties Acquisitions is the developer behind the project.
Renderings have been revealed for a proposed 27-story mixed-use development at 160 N Elizabeth Street in West Loop. Located at the intersection of W Randolph Street and N Elizabeth Street, the corner site is currently home to a cluster of low-rise masonry buildings. Moceri + Roszak are the developers behind the project.
Recent photos show rapid progress on window installation and masonry cladding for a seven-story mixed-use building located at 300 W Division Street in Near North Side. The developer The Domain Group has planned retail space on the ground floor, with 89 total apartments above. Of the units, 65 will be single bedrooms, while the remaining 24 will be studio apartments. A parking garage will also be integrated into the rear end of the structure, though the exact number of spaces is not currently known.
