L3 Capital has recently secured a permit to build a two-story mixed-use property at 1043 N Rush Street in the Near North Side neighborhood. The upcoming project will be located between E Bellevue Place and E Cedar Street, taking the place of the present two-story structure that is home to Carmine’s.
Near North Side
Updated details have been approved for the residential development at 330 W Chestnut Street in the Near North Side. Located on the intersection with N Orleans Street near the upcoming North Union megadevelopment, the project replaces a vacant lot which has served as a parking lot in recent years. Now developers Draper & Kramer and BlitzLake Partners have returned to the Plan Commission after receiving approval last fall, as they are amending the plans designed by FitzGerald Associates.
The Chicago Plan Commission has approved the mixed-use development at 1549 N Fremont Street in the Near North Side. Located just south of the intersection with W North Avenue, the currently vacant lot is surrounded by the multi-story Toyota dealership on its two non-street facing sides. Pitched by the previous developer as an Aloft Hotel, the new team from City Pads Chicago is working with local firm NORR Architects on the low-rise building for the 145- by 184-foot site.
The affordable housing redevelopment of the 24-story Victor F. Lawson House continues construction work at 30 W Chicago Avenue in the Near North Side. This historic 1931 Art Deco tower was designed by Perkins, Chatten & Hammond, is having elements of its facade restored, including a full sweep of recently installed windows.
The Chicago City Council has approved the next phase of the Parkside of Old Town development in the Near North Side. Coming soon after receiving its approval from the Plan Commission mid-December of 2022, with this the proposal has now cleared all the necessary city hurdles prior to commencing work. Developer Holsten Real Estate is working with the Chicago Housing Authority on the affordable project that is being designed by local firm Landon Bone Baker, who have also done some of the previous phases.