Malden Development plans 45-condo project in Uptown

Malden Development plans a five-building, 45-unit condo complex in Uptown.

The venture led by developer Steve Sgouras is seeking a zoning change to build the $10 million complex at 4608 North Malden Avenue, Alderman James Cappleman said.

Initial building plans call for four-story, 52-foot tall buildings that will house the 45 condos and 44 parking spaces accessible from the alley, according to the alderman’s website.

This is the second attempt by Sgouras to develop the Uptown parcel. Last year, the developer announced his plans to put two 25-unit buildings and 11 townhomes on the block would be put on hold to allow him to address community concerns, according to DNAinfo. Residents were worried the project would be too dense.

Cappleman and neighbors met to discuss the newly released plans in early June, and reviews were again mixed. The Magnolia Malden Neighbors group has written to Cappleman to say that while much of the proposal is “appealing,” neighbors do not support rezoning the property.

Uptown has seen a slew of residential activity recently, including Cedar Street Company’s plans for more than 700 units at Broadway and Argyle.