New tax incentives have been approved for the mixed-use redevelopment of the Hoyt Building at 465 W Cermak Road in Chinatown. Located along the south branch of the Chicago River on the corner with S Canal Street, the developer fully acquired the building late last year after first buying into it in 2007. That developer is Aurora-based Windfall Group who is working with SPACE Architects + Planners on the new community hub.
A new construction permit has been approved for a residential development at 2119 N Racine Avenue in Lincoln Park. Replacing a single-story gabled residence, the project will make way for a three-story masonry building with two dwelling units. There will be a basement level and a first-floor duplex, while other features will include a roof deck and iron fence.
The Chicago Department of Planning and Development has announced the winner of the Central Manufacturing District RFP. Located at 1769 W Pershing Road in McKinley Park just west of the intersection with S Ashland Avenue, we covered the three finalists earlier this year. After multiple community meetings the city has selected the team made up of IBT Group, Inherent l3c, Epstein, APMonarch, and Site Design Group as the winners.
Situated at 4006 N Sheridan Road in Uptown, a new seven-story mixed-use development has been proposed by Catapult Real Estate Solutions. Initially shared via Uptown Update, the project is set to replace a low-rise commercial structure at the intersection of Sheridan and Irving Park Road. Plans call for 92 new units atop 3,100 square feet of ground-level retail.
A construction permit has been granted for a new residential development situated at 1414 E 65th Place in Woodlawn. Following the permit approval for a similar building acrosss the street by the same developer, DOM Properties, this upcoming project will feature a three-story structure with a basement, hosting five dwelling units. This new structure will stand in place of what was formerly an unoccupied lot.
