Chicago Construction News staff writer
The Chicago Plan Commission has approved an affordable residential development at 5853 N. Broadway. Set to replace a Streets and Sanitation depot, Bickerdike Redevelopment Corporation is the developer behind the proposal.
Designed by LBBA Architects, the new building will stand 11 floors with 90 units and the ground floor will include the residential lobby along N. Broadway, community space and management offices. The back of the ground floor will have 14 = parking spaces and outdoor space for residents.
The developer, Bickerdike Redevelopment Corporation, is seeking to rezone the site from B1-2 to B2-5 for the $71.1 million development. With Chicago Plan Commission on board, approvals will be needed from the Committee on Zoning and City Council.
If fully approved, the team expects to close on the financial package in Q3/Q4 2025 and begin construction by the end of 2025.
