Three new winners of the city’s Invest South/West initiative have been announced by the mayor in Humboldt Park and South Shore. The three winners are located at 3601 W Chicago Avenue and 4000 W North Avenue in 2908 E 79th Street in South Shore. All together the three proposals represent a $126 million investment in the neighborhoods aimed at increasing the quality of life, adding equitable affordable housing while joining a list of seven past winners of the two-year-old program that are set to break ground soon.
At the southwest corner of Streeterville, facade scaffolding can be seen directly north of Tribune Tower at 160 E Illinois Street. Originally built in 2007 at 26 stories, the building known as “Avenue East” contains a total of 130 condominium units. The edifice offers a postmodern aesthetic with a mix of metal paneling, concrete, and glass.
A permit was approved early last week for a new three-story residential building to be located at 5203 S Wabash Avenue in the Washington Park neighborhood. The owner is listed under the name Kalos Group Development LLC, with plans for three total units with an open rear steel stairway and an accompanying three-car concrete parking pad. The building will share a lot with another project that was approved for the same owners in October.
Since YIMBY’s September update, glass has steadily enclosed most of the remaining floors at 300 N Michigan Avenue, a 47-story skyscraper that recently topped out in the northeast corner of The Loop. Developers Magellan Development Group and Sterling Bay have planned a mix of retail in the base, a 280-key CitizenM hotel on the sixth through 15th floors, and residential apartments on the 17th through 45th floors.
The Chicago City Council has approved rezoning for a new residential development at 517 W 119th Street in West Pullman. Located on the southwest corner with S Normal Avenue, the new building will replace a vacant lot next to a small one-story structure. The rezoning from B1-1 Neighborhood Shopping District to B2-3 Neighborhood Mixed-Use District will allow developer West Pullman LLC to proceed with the HED Architects-designed affordable housing apartment building.