The Chicago City Council has approved the financing for multiple small-improvement projects of various Chicago Park District properties across the city. A majority of the funds will come from various Tax Increment Financing districts, which are often supported by fees from developers. Many city parks are dealing with aging facilities while handling the demand for open space over the last two years. The investments will affect eight city parks, with six of the smaller projects being as follows:
Construction has completed at 15 N Elizabeth Street, a boutique residential development in West Loop. This five-story condominium building has been planned by the three-party developer known as 15 N Elizabeth LLC, comprised of Ranquist Development Group, Jodi Development, and Campbell Coyle.
Permits were issued earlier this week for a new residential build located at 1531 W Barry Avenue in the Lake View neighborhood. EZMB LLC is listed as the permit owner for this property. The building will be a three-story, two-flat with a basement, a rear terrace at the first story, and a rear balcony at the second story. There will be an outdoor stair to the third story which will extend to the rooftop deck and enclosure. The structure will also feature a detached three-car garage with its own rooftop deck.
Earlier this month, YIMBY reported on the Committee on Design’s review of 170 N Green Street, where CRG (of St. Louis-based Clayco) and Shapack Partners have planned a massive mixed-use development. The Fulton Market site was previously owned by Bridgford Foods, whose former packaging facility is currently undergoing full demolition. Clayco purchased the property for $60 million in 2020, prior to which Bridgford Foods had considered its own plans for a 17-story building to occupy the site.
Initial details have been revealed for the redevelopment of the Cenacle Retreat and Conference Center at 513 W Fullerton Avenue in Lincoln Park. The plans which will be discussed at an upcoming community meeting depict the potential future of the multi-lot site occupied by the 1967-built masonry-clad structures. Developer Henry Street Partners LLC has tapped local design firm Wheeler Kearns Architects for the subdivision master planning and design of the one multi-unit structure.