River North Parking Lot to Be Replaced With Nearly 150 New Apartments

Chicago’s Zoning Board of Appeals Paved the Way Friday for the Development of a Nine-Storary Residential Building in River North, Breathing New Life Into A Surface Parking at the Corner of Huron and Orleans Streets.

Called Riverward, The Building at 310 W. Huron St. Will Have 149 Apartments, Including Studios, Convertibles and One- and Two-Bedroom Units. IT WILL ALSO HAVE 11 DUPLEXES WITH PRIVATE PATIOS, ACCIVING TO PLASS BY CHICAGO-Based Developer ZSD Corp.

The Building’s Top Floor Will Have Amenities, Such As A Roof Deck, Indoor Lounge, Fitness Center and Co-Working Space.

The Ground Floor Will Have 3,800 Square Feet of Retail. Riverward Will Also Have Outdoor Green Space – Something Zsd’s Attorney Katie Jahnke Dale Said “was Very Important to the Community.”

ZSD Anticipates Completing The Project In 2027.

ALD. Brendan Reilly (42nd) SAID IN AN AUGUST NEWSLETTER to Constituents the Development is Allowed Under Its Current Zoning. But ZSD Applied for Special-Use Approvals with the Board to Develops Units Below the Second Floor and Decreese the Off-Street Parking Requirement from 65 to 21 Spaces.

The Property is Next to the Brown and Purple L Lines. The Transit-Served Location Makes the Site Eligible for Reduced Parking Requirements, Accorting to Reilly’s Office.

Illinois Basketball Academy

The Board Also Approved the Construction of a New Illinois Basketball Academy About Three Blocks from the United Center, Home of Chicago Bulls.

The Lisle-Based Academy Offers Competitive Basketball Teams and Lesons for K-12 Students. The Academy Also Offers Training for College and Professional Basketball Players, Acciting to Its Website.

The organization wants to demolish the building at Lake and Wood Streets to make Way for a 55,000-Square-Foot Dome for Sports Activities, Including Basketball, Volleyball, Pickleball and Other Indoor Sports.

Adjacent to the Dome on Wood Street Wold Be A Three-Storary Building with SPECTS SPACE, A LOBBY, LOCKER Rooms, Concessions and Office Space, Acciting to plans. There will Also be on-Site parking and bike parking.

Craig Veselik, President of the Illinois Basketball Academy, Also Operates the West Suburban Sports Complex in Lisle.

“They have experience in this type of operation,” Project attorney Rolando Acosta Said.

The Illinois Basketball Academy is Expect to host to the Sports Complex and Collabo with Local Nonprofits to AFT-School Programs for Youth.

“This site has been underutilized… for quite a number of years,” Acosta Said. “IT HAS SIMilar Commercial Facilities in Its Immediate Vicinity.”

The Development Timeline for the Sports Academy is Unclear.

Both projects Can Start Construction Now That they Have Board Approval.

Source link

Exit mobile version