Chicago-based mHub stated that it has been receiving investment for the vision in the annual report. The organization noted an influx of cash from the Pritzker Traubert Foundation, Builders Vision, the Blackhawks Foundation and others. A website connected with the vision includes a job listing for a managing partner of the district’s development fund, noting that the first phase of the M+ industrial district would run around $250 million.
Alderman Walter “Red” Burnett told the outlet that mHub has submitted plans to the city, and is looking for public funds to assist in funding the project. mHub formerly received $17.6 million in tax-increment financing money for its 240 North Ashland Avenue purchase and redevelopment. The nonprofit is looking for around $50 million in city funding for phase one, according to the outlet.
I tried reverse image searching the image, but couldn’t find any more info. Crains also had it in an article though, so it may be correct. The articles did mention that 2 floors would be added on the top of the building, so that matches the image. Can’t say I’m a fan of painting the white columns black, makes the whole building feel a bit dark and gloomy in my opinion
^back in the 1990s my buddies and I threw a rave party in that building. . . good solid bones for that kind of thing, but lost money on that endeavor. . .
. . .
__________________ Tom in Chicago
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^back in the 1990s my buddies and I threw a rave party in that building. . . good solid bones for that kind of thing, but lost money on that endeavor. . .
. . .
I’m pretty sure I went to a rave or two in that building in 1995-96 lol
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There needs to be a case study on how YIMBY Lincoln Square has become. Outside of Bronzeville, Woodlawn, and East Garfield Park (which already allow multi-units as-of-right), Lincoln Square has had a lot of mixed-usw developments the past few years. Surprised residents want even less park!
I am confused why the developer suggests putting up fents when it's on a commercial street
There needs to be a case study on how YIMBY Lincoln Square has become. Outside of Bronzeville, Woodlawn, and East Garfield Park (which already allow multi-units as-of-right), Lincoln Square has had a lot of mixed-usw developments the past few years. Surprised residents want even less park!
I am confused why the developer suggests putting up fents when it's on a commercial street
I think they are considering an option where the ground floor is residential on the Lawrence side. We're seeing a lot more of that nowadays. The Washtenaw side is gonna be residential either way.
I agree the rendering is confusing since it still seems to show retail businesses behind the fence
__________________ la forme d'une ville change plus vite, hélas! que le coeur d'un mortel...
It feels that the average floor count for midrises has increased compared to fifteen or twenty years ago. Back then, 3-4 stories was the norm even for arterial streets. That has been replaced with 5-6 stories now. I hope to see that number go even higher in the next decade. The city needs to upzone itself wholesale in order to silence all these NIMBYs and allow developers to build dense as of right. Western Ave, being a wide street, especially needs taller buildings to help frame it.
__________________ "Eventually, I think Chicago will be the most beautiful great city left in the world." -Frank Lloyd Wright
Quite insane that a small development like this needs a public meeting. There was a few people who were complaining that the development was too large (it’s a small 4 story building!), but there was no open mic so I was not witness to the wrath of the Lincoln Park NIMBYs. Anyways, 6 units with an excessive 10 parking spots. This site was a former rail right-of-way, so the site is quite deep, and they will be donating the back half of the site to some neighborhood organization. Past proposals included row homes going further back in the site, but that apparently wasn’t feasible as emergency services would not have been able to reach them.
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Last edited by Jstange059; Jul 28, 2026 at 11:59 PM.
Unfortunately, we are seeing the start of the demolition of the old Holiday Club building, but luckily, they seem to be saving the terracotta. Still definitely a shame to see the building go
It feels that the average floor count for midrises has increased compared to fifteen or twenty years ago. Back then, 3-4 stories was the norm even for arterial streets. That has been replaced with 5-6 stories now. I hope to see that number go even higher in the next decade. The city needs to upzone itself wholesale in order to silence all these NIMBYs and allow developers to build dense as of right. Western Ave, being a wide street, especially needs taller buildings to help frame it.
Yes, land values have increased in certain neighborhoods where developers need to build larger elevator buildings instead of walkups.
__________________ la forme d'une ville change plus vite, hélas! que le coeur d'un mortel...
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