Foundation work is advancing swiftly for three residential buildings at 711-749 W Schiller Street in Near North Side. Co-planned by Evergreen Real Estate Group and Structured Development, each of the four-story buildings will house a total of 16 units. Amongst the 48 total residences, eight will be affordable while the remaining will be market-rate.
Zoning has been approved for a three-story residential building located at 4626 N Malden Street in Sheridan Park. Malden Development LLC is the listed applicant, whose plans include eight total units, a rooftop deck, and parking for seven vehicles split between a five-car garage and two open parking spaces. The Zoning Board of Appeals approved three variances that allowed the project plans to proceed. These included reducing the rear yard open space from 520 square feet to zero, reducing the minimum lot area from 8,000 square feet to 7,721 square feet, and reducing the number of required parking spaces from eight to seven.
Construction is approaching completion for the condominium and retail conversion of the landmarked 34-story Tribune Tower, located at 435 N Michigan Avenue along Magnificent Mile. CIM Group and Golub & Company have planned the renovation of the tower, built in 1925 in the Gothic Revival style. The Chicago Tribune occupied the building up until it relocated to One Prudential Plaza in 2018. The new plans for the tower include 47,500 square feet of retail in the base, 162 condominiums, and 55,000 square feet of amenities.
The Zoning Board of Appeals has approved variances for a mixed-use development at 3244 W Bryn Mawr Avenue in North Park. Located on a midblock site between N Spaulding Avenue and N Jersey Avenue, the project site fronts W Bryn Mawr Avenue and is currently occupied by a historical building. Grand Properties Acquisitions is the developer behind the proposal.
Demolition permits have been issued for a single-story masonry building at 8516 S Commercial Avenue in South Chicago. Forte Holdings LLC is the owner of the building, whose plans for the former car dealership have not yet been revealed. The lot is zoned for C2-2 Motor Vehicle Related Commercial District, which permits a wider range of business types than B1-designated districts, well as apartments above the ground floor. C2-2 also allows for a floor area ratio of 2.2, by which any new building may have up to 2.2 times more square footage than the containing lot.
