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.

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