Mixed-Use


949 W Dakin Street. Rendering courtesy Draper and Kramer

Construction Begins on 949 W Dakin Street in East Lakeview

Construction has begun on a seven-story mixed-use building at 949 W. Dakin Street in Chicago‘s East Lakeview neighborhood. Located across the street from the Sheridan Red Line station and two and a half blocks north of Wrigley Field, the transit-oriented development replaces a single-story structure. Current tenant Ace Hardware is expected to fill a portion of the 13,000 square feet of retail space that will be located on the lower level of the new edifice. The property and financial services firm Draper and Kramer is the developer of the 120-unit project.

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513 & 521 N Hermitage Avenue in West Town

Permits Filed for 505, 513, 521, & 529 N Hermitage Avenue in West Town

Permits were approved last month for four four-story mixed-use buildings at 505, 513, 521, and 529 N Hermitage Avenue in West Town, Chicago. Located at the intersection of W Grand Avenue and N Hermitage Avenue, the corner lot takes up the majority of the city block. The nearest CTA L station is Ashland, serviced by the Green and Pink Lines. Within two blocks is the Grand and Paulina station, serviced by the 65 bus route. Volo Holdings LLC is listed as the owner behind the applications, reporting a cost of $1,284,400 for each of the parcels.

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