search

The Real Deal Logo

Trending

Brandon Miller’s widow lists debt-ridden Hamptons estate for $15MBrandon Miller’s widow lists debt-ridden Hamptons estate for $15MBillionaire’s family trust pays $16M for Superior Ink condoBillionaire’s family trust pays $16M for Superior Ink condoFormer Macy’s CEO trades Park Slope townhouse, tops Brooklyn luxury Former Macy’s CEO trades Park Slope townhouse, tops Brooklyn luxury Ben Ashkenazy lets go of Mag Mile retail asset after $61M defaultBen Ashkenazy lets go of Mag Mile retail asset after $61M default
Commercial
Chicago

Rehabilitation of historic Sears building approved by Chicago Plan Commission

Six Corners Real Estate Development leads $90 million project to include retail, residential space at 4712 W Irving Park Road

Renderings of the project (City of Chicago)
Renderings of the project (City of Chicago)

The Chicago Plan Commission approved plans to rehabilitate a historic Sears department store in Portage Park.

Six Corners Real Estate Development is leading a $90 million project that will include 50,000 square feet of commercial retail space and 207 residential units at 4712 W Irving Park Road, Chicago YIMBY reported. It will include a new 275-spot parking garage, 207 bicycle-parking spaces and a rooftop amenity,

The residential units, a mix of studios and one- and two-bedroom apartments, will also meet the Affordability Requirement Ordinance by ensuring that 2.5 percent of the units will be affordable housing. Developers will also make sidewalks more pedestrian-friendly with more lighting, added landscaping and crosswalks.

Sign Up for the undefined Newsletter

Work on the 97-foot-tall building is expected to begin in 2022 and residents should be able to move in by 2023.

Read more

Renderings of 1130 N. State Street (Newcastle Limited)
Commercial
Chicago
Chicago Plan Commission approves 29-story mixed-use development

[Chicago YIMBY] — Victoria Pruitt

Tags
Commercial Real Estate
Recommended For You