Real Estate & Development News
Proposed $90 million development would add hundreds of residences alongside new retail storefronts pending likely approval of a needed change to property zoning.
- Proposed $90 million development to build more than 200 new residences.
- Retail storefront space to support 10 to 15 small businesses.
- Needed zoning change looks likely this week.
Read more: Major Residential and Retail Development Poised for Approval in McKinley Park
The McKinley Park neighborhood's DIY skate park is getting a new lease on life with property adoption, and is hosting new art exhibitions through October.
- DIY skate park gets new lease on life with pending property adoption.
- Sunday Skate & Art is taking place monthly through October.
- Local artist installs new skateboarding-inspired painting.
Property owners and businesses on West 35th Street and South Archer Avenue can get grants for storefront improvements through the Chicago Department of Planning and Development program.
- $1.8 million available for property improvements.
- Department of Planning and Development now accepting submissions.
- Program area is West 35th Street from Ashland to Leavitt, and South Archer Avenue from Damen to the 35th/Archer Orange Line El.
Read more: McKinley Park Gets $2.5 Million for Storefronts and Streetscapes
Karis Cold and DSI Inc. completed construction on their new warehouse, replacing the historic Continental Can Company building at South Ashland Avenue and West Pershing Road.
- Karis Cold and DSI Inc. complete warehouse construction.
- Design-build coordination required for state-of-the-art facility.
- Cold storage replaces derelict Continental Can Company building.
Read more: Class-Leading Cold Storage Opens for Business in McKinley Park
Ten residences in five new two-flat buildings are set for West 34th Place as part of an initiative to put vacant city-owned lots into productive use, with developer support that includes $1 lot sales.
- Vacant city lots on West 34th Place to host 10 residences in five buildings.
- Urbanism LLC picked as developer for properties.
- Missing Middle program sells city lots for $1.
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