Construction permits have been issued for two new three-story modular residential buildings at 4706-08 S Marshfield Avenue in Back of the Yards. The owner of both projects is listed as Celadon Partners LLC, a Chicago-based real estate development firm that specializes in modular construction. The site of the projects was previously occupied by a vacant lot with an area of 2,407 square feet.
Final facade installation is now wrapping up for a new five-story mixed-use building at 1020 W Randolph Street in Fulton Market. The developer, L3 Capital, plans to offer ground-floor retail and Class A office space above, as well as a 1,850-square-foot rooftop deck.
Construction permits have been issued for a new three-story residential building at 4906 N Kenmore Avenue in Uptown. The owner, Variable Properties LLC, plans to replace a currently vacant lot with a seven-unit building and two detached garages.
Part two of this week’s announcement of the six finalists of the LaSalle Street Reimagined initiative in The Loop. In this article we will cover the final three bids vying for part of the city’s $196 million in funding for the program pulled from the LaSalle Central TIF District, part one covering the first three can be found here.
Ogden Commons, a $200 million masterplan that will bring new homes, shops, and health services to North Lawndale, is moving forward with its second phase. The Habitat Company, along with Sinai Health System, Alecko Capital, and the City of Chicago, announced that they have secured financing for OC Living’s first phase, a 92-unit building with predominantly affordable apartments. The project is located in the city’s largest opportunity zone, which means it will benefit from tax incentives and attract more investment to the West Side.
