Construction has begun on the residential development at 2234 West Grand Avenue in West Town. A demolition permit was issued for the Rainbow Art, Inc building previously on the site in late February. It was torn down very quickly, allowing developer and general contractor Panoptic Group to get started on foundation work. Construction approval was received on March 7, at a reported build cost of $6.5 million.
A pair of new construction permits have been issued by the City of Chicago to allow construction of 14 townhomes in the Douglas neighborhood. An LLC registered to an address on LaSalle Street in The Loop was the recipient of the two permits, and with the exception of the homes’ street addresses, they are identical. Each comes with a reported construction cost of $4.1 million; the application date shown for both is November 15, 2024. D.O.M. Properties Investment, Inc is the general contractor.
The second of two construction permits has been issued by the City of Chicago for a pair of four-story, eight-unit residential buildings in the Tri-Taylor neighborhood. The first permit, addressed as 2351 West Flournoy Street, was permitted for construction on January 13. The later one, for 2355 West Flournoy Street, came through on March 19. Both permit applications show filing dates of December 21, 2022, with a reported cost just under $2 million.
The demolition we just learned about at 2224 West Grand Avenue now has the new construction permit to go with it. Once the former Rainbow Art Co. building is removed from the site, 2234 West Grand is allowed to begin, bringing a four-story, 12-unit residential project to West Town. Panoptic Group is both the developer and the general contractor for the project.
The City of Chicago has issued a new construction permit for a three-story with basement, three-unit residential building at 1029 North Winchester Avenue in East Village. An application was filed for the new development on February 14, and the permit was issued March 12. Schiller Development Incorporated is named as the developer and general contractor, with an estimated build cost of $1.24 million.
