TIF funding has been fully approved for the upcoming affordable housing project at 547 W Oak Street in the Near North Side. Earlier this month we covered when the Committee on Finance approved the money before sending it to City Council, who has now given its stamp of approval. The project will replace a vacant lot within the greater Cabrini Green site area.
We barely got a chance to tell you about the demolition permit for an 1880s residential building at 1063-67 West Taylor Street in Little Italy, and now demo work has already gotten underway. Heneghan Wrecking wasted no time getting started, as they bring down the three-story brick building owned by St. Ignatius College Prep.
A demolition permit has been issued for the turn-of-the-century residential building at 3631 North Sheffield Avenue in Wrigleyville. It’s the first of three adjacent buildings to be razed for a new residential development just beyond the right field ivy at Wrigley Field, with 3627 to its south and 3633 North Sheffield to its north surely soon to follow.
Zoning variances have been approved by the Zoning Board of Appeals for the mixed-use development at 4006 N Sheridan Road in Buena Park. Located on the intersection with W Irving Park Road, most recently we covered the proposal last June when its developer Catapult Real Estate Solutions revealed the current design.
The residential development at 224 South Ashland Avenue on Chicago’s Near West Side has leveled up to the second floor of construction. Developer and general Contractor 4Corners Real Estate will take the building up to five stories, delivering 56 new rental units to the neighborhood four blocks east of the United Center.
