19-story apartment high-rise planned for Illinois Medical District

26 May 2017

Author: Jay Kozlarz, Curbed Chicago

Read the original article.

If approved, the glassy building would rise at the northeast corner of Ashland and Taylor.

The first phase of a planned 500-unit expansion of the Medical District Apartments on Chicago’s Near West Side is preparing to move forward. According to paperwork recently filed with the City of Chicago, developers are seeking a zoning approval to construct a 19-story, 254-unit apartment tower that would replace a two-level parking deck at the northeast corner of Ashland and Taylor.

The site for the 19-story is the low-slung parking structure pictured lower right. A second, similarly-sized building is planned for the twin garage to the north.

Designed by Chicago-based bKL Architecture, the new glass, metal, and brick building would also contain about 28,000 square feet of ground floor retail and 245 parking spaces. The structure it is the first of two new high-rises planned for the site. In addition to constructing the new towers on the 5.6-acre parcel, the property’s existing 410 rental units will also be renovated. The buildings would connect via covered walkways

The multi-phase redevelopment of the Medical District Apartments site is a joint venture comprising of Guggenheim Partners, Atlantic Realty Partners, and Focus Development Inc. The trio acquired the Near West Side parcel last summer in a $111 million deal brokered by KIG.

Read the original article in Curbed.

Next Article - Focus CEO shares insight at City Developers Panel
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