Mavrek Development planning apartments in Uptown

The building would join other redevelopment at the old Cuneo Hospital/Maryville Academy

Apr.April 16, 2018 01:15 PM

Renderings of 849 West Agatite Avenue

Mavrek Development is planning an apartment building in Uptown next to the massive project under construction at Montrose and Clarendon avenues.

The Chicago-based developer wants to build a four-story, 20-unit building on a vacant lot at 843 West Agatite Avenue. The firm is set to go before the city’s Zoning Board of Appeals next week for setback and open space variations, along with parking approval because the property would just 19 spots.

If approved, the building would rise on land that was once part of the larger complex that housed Cuneo Memorial Hospital and later Maryville Academy, and dominated the intersection of Montrose and Clarendon.

Harlem Irving Companies and JDL Development are building a 27-story, 373-unit tower there dubbed Eight Eleven Uptown. The project is expected to cost $125 million, according to Curbed.

A Harlem Irving-led venture acquired a number of parcels in the area from the Missionary Sisters of the Sacred Heart in 2016, taking out an $80 million mortgage from JPMorgan Chase Bank.

The Mavrek building would sit just west of the larger project and feature units ranging from one-bedroom, one-bath; to two-bedroom, two-bath, said Katey Moore, controller for the firm. Rents have not been determined, she said.

Moore said the deal to acquire the lot is pending. A construction timetable depends on securing the necessary city approvals, but Mavrek hopes to have the building ready for occupancy in spring or summer 2019.

Related Articles

Marc Jacobs store at 11 E. Walton St., Marc Jacobs (Credit: Getty Images and Google Maps)

Another one bites the dust: Marc Jacobs closes Gold Coast location

Developer Sam Goldman and an original rendering of the apartment building at 7000 N. Glenwood Ave. 

To avoid rezoning battle, developer cuts Heartland Cafe redevelopment plans in half

Ald. Walter Burnett Jr. (27th) and Steven Fifield, with a rendering of the project

‘Cap the Kennedy’ plan may be revived thanks to real estate money

Trammell Crow CEO Matt Khourie and a rendering of Fulton Labs (Credit: iStock)

Life sciences development may be Fulton Market’s next new thing

181 W. Madison St. and HNA Group Founder Chen Feng (Credit: Google Maps)

Embattled Chinese firm HNA Group refinances Loop skyscraper

Co-CEOs Bleecker P. Seaman III, and Bradford W. Howe with Bourbon Square Apartments in Palatine

Broadshore Capital lands big refinance on 612-unit rental complex in Palatine

Chariot Logistics Center and Jeff Bezos (Credit: Getty Images, Cushman & Wakefield, and iStock)

Amazon inks massive lease at Melrose Park distribution center

Tishman Speyer’s Rob Speyer & 320 North Sangamon rendering (Credit: Tishman Speyer)

Tishman Speyer lands $81M loan for Fulton Market spec office project