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  #23261  
Old Posted Apr 16, 2024, 3:04 PM
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Originally Posted by r18tdi View Post
Looks like they splitting it up into two towers to build and finance separately. From Crain's:
Which is funny and interesting because they're actually adding more density and creating a taller tower. It's more of a 3-phase project.

The previous plan was for 665 apartments total, 486 units south of Lake and 179 units in the building north of Lake.

This plan now has 667 units south of Lake and...

Quote:
The developer is staying the course for a 20-story, 179-unit apartment building it has in the pipeline along the north side of Lake Street between May and Racine
The total would be 846 apartments.
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  #23262  
Old Posted Apr 16, 2024, 6:14 PM
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Another infill for South Loop

2328 S Michigan Ave | 170 ft | 256 units | 10 parking!


https://chicityclerkelms.chicago.gov...E-001DD809669D
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  #23263  
Old Posted Apr 16, 2024, 6:43 PM
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Originally Posted by Randomguy34 View Post
Another infill for South Loop

2328 S Michigan Ave | 170 ft | 256 units | 10 parking!


https://chicityclerkelms.chicago.gov...E-001DD809669D
Beautiful. That's how you do downtown development.

Replacing a Burger King on a prime stretch of Motor Row, so making what could be the next Randolph Street less auto-oriented, rather than more (looking at you, LG).
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  #23264  
Old Posted Apr 17, 2024, 1:18 AM
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Quote:
Originally Posted by Randomguy34 View Post
Another infill for South Loop

2328 S Michigan Ave | 170 ft | 256 units | 10 parking!


https://chicityclerkelms.chicago.gov...E-001DD809669D
https://www.chicagobusiness.com/comm...lace-area-site

Commercial Real Estate
Developers plan 256-unit apartment complex on Motor RowBy Rachel Herzog




Quote:
Fern Hill and joint venture partners Decennial Group and Rebel Hospitality have proposed a two-building, 256-unit apartment development at 2328 S. Michigan Ave., according to a zoning application filed with the city.
Quote:
The new plans make use of Chicago’s Connected Communities Ordinance, a measure the City Council adopted in 2022 that allows developers to construct denser buildings near public transit stations. The ordinance also has a “parking swap” provision that allows developers to trade square footage that would have been used for parking to build more residential units, provided that those units are marketed as affordable housing.
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  #23265  
Old Posted Apr 17, 2024, 1:24 AM
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That rendering can’t be right? No way that’s 170 feet?
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  #23266  
Old Posted Apr 17, 2024, 2:34 AM
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Originally Posted by mh777 View Post
That rendering can’t be right? No way that’s 170 feet?
That portion is behind this, on the west half/elevation of the site, along the alley.

And I noticed an error on their land map.
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  #23267  
Old Posted Apr 17, 2024, 3:46 PM
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Originally Posted by BVictor1 View Post
https://www.chicagobusiness.com/comm...lace-area-site

Commercial Real Estate
Developers plan 256-unit apartment complex on Motor RowBy Rachel Herzog


Fingers crossed they can execute that facade with decent materials and avoid value engineering out the depth.
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  #23268  
Old Posted Today, 9:33 PM
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Originally Posted by BVictor1 View Post
https://www.chicagobusiness.com/comm...lace-area-site

Commercial Real Estate
Developers plan 256-unit apartment complex on Motor RowBy Rachel Herzog
I'm over the illusory multi-building thing (was never into it, actually). It's so hokey. I'm assuming that they have to adhere to the standards of the Landmark District here (Motor Row). I would much rather see a single facade design with a materials palette and similar fenestration proportions/patterns that are harmonious with the surrounding buildings. Just make a modern building that uses comparable materials and the same design language; not an attempt at a recreation of something from the past that ends up only having a weird semblance to such.
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