Hot Uptown! Paves The Way For New Luxury Apartments

Posted by Leo Clark. on Thursday, March 30th, 2017 at 9:26am.

In case you haven’t noticed, Chicago’s Uptown is transforming into one of the city’s most distinguished up-and-coming neighborhoods. Along with a number of large scale residential projects either already underway or currently being discussed, plans for another apartment project were just recently revealed that will only add to the neighborhood’s future appeal. 

According to reports, a vacant lot and old auto repair shop at 4906-4918 N. Clark Street near Andersonville could be developed into a chic new apartment building that could hold as many as 60 rentals and from the looks of it even plenty of ground level retail space as well.  

As of now, nothing has been made official and developers still need to present the project to Uptown’s Zoning Advisory Committee before any further movement in the proposal. Given the potential project’s location away from mass transit, the new development could also feature plenty of parking, which will no doubt add a little convenience for future tenants. 

The design of the new 4906-4918 N. Clark Street proposal is from Axios Architects and its reported the development will include a mix of one, two, three, and four bedroom apartments, and also six affordable-rate units in order to satisfy the Chicago’s Affordable Rate Ordinance (ARO). 

If approved, developers of 4906-4918 N. Clark Street are planning to start construction sometime in the spring of next year. 

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