A two-story plus basement, two-unit home at 3402 South Lowe Avenue in Bridgeport was permitted for construction on July 22 by the City of Chicago. The permit came through with a reported cost of $505,000 exactly three months after its April 22 application start date. Details include a rear two-story stair and a front entrance stair, with a pair of outdoor parking spaces at the alley in the back.
Construction giveth, and construction taketh away, as the tower crane we’re about to get at The 1901 Project will be counterbalanced by the one we’re losing at Bally’s Casino hotel tower in River West. The 36-story, 500-room hotel has been topped out for several weeks, but it wasn’t until Friday the 24th that we passed by and saw the crane had been lowered below the roofline.
A pair of three-unit residential buildings were permitted in mid-July for a vacant lot on the northwest corner of South Wabash Avenue and East 56th Street in the Washington Park neighborhood. On July 14th, permits for 5542 and 5544 South Wabash came through to allow for the construction of two three-flats from Knightsbridge Development LLC. Although the specs detailed in the two permits are the same, 5542 carries with it a reported cost of $450,000, while 5544 cites a reported cost of $550,000.
The tower crane has been planted for construction of the first phase of The 1901 Project on the Near West Side. The west parking facility that McHugh (Construction) and McHugh (Concrete) are building now is the first structure of the megadevelopment from Bulls and Blackhawks ownership. They got permission to begin work in March when the caisson permit was issued; those were well underway when they broke ground on the development in June.
A Midlothian, IL developer erecting a three-flat residential building on the 4800 block of South Michigan Avenue in Grand Boulevard has received a permit to add one more on the corner of the lot. Genesis Construction Management Corp got permission on July 29 to construct a three-story plus basement, three-unit building at 4800 South Michigan. The permit had been pending for 68 days before coming through with a reported cost of $858,600. Genesis will be their own general contractor, working with plans by Guider Group LLC.
