The Chicago City Council has officially approved a new mixed-use development at 2240 North Milwaukee Avenue in Logan Square. This six-story building will bring 50 new residential units and significant retail space to a prominent intersection, replacing what was once a large parking lot.
Key Takeaways
- Chicago City Council approved a 50-unit mixed-use project.
- The development is located at 2240 North Milwaukee Avenue in Logan Square.
- It includes 5,500 square feet of ground-floor retail space.
- 10 of the 50 residential units will be affordable.
- The building will rise 72 feet tall with a red-brick exterior.
New Vision for Milwaukee Avenue Intersection
The project, spearheaded by Kiferbaum Development Group, aims to revitalize the area near West Prindiville Street. This location is strategically important, sitting close to the ongoing Congress Theater redevelopment, which will further transform the neighborhood.
Project at a Glance
- Address: 2240 North Milwaukee Avenue, Logan Square
- Developer: Kiferbaum Development Group
- Architect: Jonathan Splitt Architects
- Height: 72 feet (six stories)
- Residential Units: 50 (10 affordable)
- Retail Space: 5,500 square feet
- Parking: 11 spaces
The design comes from local firm Jonathan Splitt Architects. Their plans detail a 72-foot-tall structure that will feature a red-brick exterior. Loft-style windows and cast stone accents will complete the modern yet classic facade.
Retail and Residential Integration
The ground floor is designed to be highly accessible and functional for the community. It will host 5,500 square feet of retail space along Milwaukee Avenue. This space is already pre-split into three separate units, offering flexibility for various businesses.
A dedicated residential lobby will be situated along Prindiville Street. This design ensures clear separation and easy access for both residents and retail customers.
“The integration of retail and residential spaces is crucial for creating vibrant, walkable neighborhoods. This project achieves that balance effectively.”
Logan Square's Growth
Logan Square has seen significant development in recent years. Its appeal lies in its historic architecture, vibrant arts scene, and excellent public transportation links. New residential and commercial projects contribute to its ongoing revitalization.
Residential Offerings and Amenities
The upper five floors of the building will house the 50 residential units. These units will offer a diverse mix of layouts to suit different needs.
- Five studio apartments
- Twenty one-bedroom units
- Twenty two-bedroom units
The sizes of these units will range from 587 to 1,192 square feet. This variety allows for a wide range of living options within the development.
A key aspect of the project is its commitment to affordability. Of the 50 units, 10 will be designated as affordable housing. This helps ensure that a diverse group of residents can access the new housing options.
Some units located at the rear of the building will include private balconies. These will offer residents personal outdoor space, a valuable amenity in urban living.
Rooftop Amenity Space
Residents will also benefit from a substantial amenity package. A 1,300-square-foot amenity space is planned for the rooftop level. This area will provide communal space for relaxation and socializing.
Adjacent to the indoor amenity space, a large outdoor deck will offer impressive skyline views. This feature is expected to be a major draw, providing a unique vantage point of the city.
Project Timeline and Next Steps
The development team, Kiferbaum Development Group, acquired the lot earlier this year for $1.5 million. This purchase set the stage for the current approval.
With full zoning approval now secured, the team can move forward with applying for necessary construction permits. While a specific construction timeline has not yet been released, this approval marks a significant step.
The project is expected to contribute positively to the local economy, both through its construction phase and the new retail opportunities it will create. Logan Square continues its evolution as a desirable residential and commercial hub in Chicago.