A new permit was issued last week for the construction of a four-story mixed-use construction located at 1617 W Irving Park Road in the Lake View neighborhood. The permit’s owners have been listed as 1617 Irving Park LLC and plans indicate there will be retail on the first floor, and six total units spread across the remaining floors. Each of the units will feature a front and rear balcony, and the building will have a roof deck. The new construction will also have a garage with interior grade parking for six vehicles on the first floor; the garage will have its own roof deck.
Renovation work continues to take shape at the 24-story Victor F. Lawson House at 30 W Chicago Avenue in Near North Side. The Art Deco high rise was originally designed by Perkins, Chatten & Hammond and completed in 1931. Developer Holsten Real Estate will be deconverting the former YMCA from 538 single room occupancy units into 408 affordable apartments. In exchange for keeping all on-site units affordable until at least 2073, the project received both low income housing tax credits and $12.4 million in historic preservation tax credits. Holsten Real Estate has also received a $17.6 million loan from the city, a $79.4 million loan from Chase Bank, and a $17.2 million loan from the Illinois Housing Development Authority.
The Community Development Commission has approved the sale of land for 5050 S Prairie Avenue. The site is located at the corner of S Prairie Avenue and E 51st Street, and the project is made up of multiple lots, both privately-owned lots and city-owned along 5036-5044 S Prairie Avenue. Led by KLY Development, the development will replace vacant land as well as a vacant building along the intersection.
A permit was last week for a new three-story residential building located at 3851 N Damen Avenue in the North Center neighborhood. The owner is listed as 3851 N Damen LLC. The new construction is slated as a four-dwelling masonry building with a basement. There will be rear decks on all levels, as well as front decks on the second and third levels, and a rooftop deck. Plans also indicate the presence of a detached four-car garage with its own roof deck.
Initial site work can be seen for a planned 18-story residential high rise at 633 S LaSalle Street in Printer’s Row. The Collective is behind the project, which will add to the London-based developer’s portfolio…