Foundation work is underway for a new residential building at 4913 North Damen Avenue in the Ravenswood neighborhood. Developer Heffernan Builders, which real estate sites report bought the property earlier this year for $995,000, filed an application on December 30 of last year, and the permit came through on November 17 with a reported cost of $1.2 million.
A potential timeline has been revealed for Metropolis Pointe at 2601 South Martin Luther King Drive in Bronzeville. Located just south of McCormick Place, the skyscraper development would replace a large vacant lot adjacent to the upcoming Bronzeville Lakefront proposal. Efforts are being led by JC Griffin, along with Wight & Co. and Studio Barnes, which are working on the design.
A permit for new construction has been issued for 1355 North Dean Street in Wicker Park. Variable Properties LLC submitted an application for the development on April 28, and it came through on December 1st with a reported cost of $1.6 million.
The Chicago City Council has approved the mixed-use development at 1200 West Carroll Avenue in Fulton Market. Set to rise on the corner of North Racine Avenue, the high-rise received Plan Commission approval earlier this month. The proposal is being led by TR Management + Consulting.
A busy South Side development team has landed permission for another multi-unit residential building in the Woodlawn neighborhood. A permit came through from the City of Chicago on December 9 allowing the entity of Bronzeville 777 LLC to construct a two-story plus basement, three-unit development at 6340 South Ingleside Avenue. They filed their application on July 22, with the permit citing a reported cost of $722,400.
