Nearly 250 New Apartments May Replace Former Treasure Island Site in Lakeview

Posted by Leo Clark. on Saturday, July 13th, 2019 at 9:46am.

The site of an old Treasure Island grocery store in Lakeview could soon be redeveloped into hundreds of apartments. A developer wants to construct a large apartment complex where the former grocery store and a parking lot stand on North Broadway.

Dubbed Optima Lakeview, plans call for the contemporary glass building to stand eight stories high, and house nearly 250 apartment homes. Those apartments would include a mix of efficiency units, plus one-, two-, and three-bedroom floor plans.

The developer plans to add in ground level retail space, plus room for indoor parking and bicycles. Community amenities would also include a basketball court, game room, a pool deck and a fitness center. A rooftop deck is also part of the proposal.

The new development still needs approval from the Chicago Plan Commission, the Committee on Zoning and the full City Council. The grocery store has been closed since last fall.

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