A developer’s plan to construct apartments and retail at 1822-1850 W. Chicago Ave. has been given the green light as an email on Oct. 2 from Alderman Moreno’s office to constituents suggests, reports Chicago.curbed.com.
Fifield Company has proposed to construct a four-story contemporary building and retail in the now vacant site. The plan includes 59 residential units and 14,600 sq. ft. of ground-level retail space.
Though the developer didn’t agree to provide affordable apartments, the message shows that Fifield has been asked to provide four below-market-rate units. The alderman has also asked for $100,000 from the firm to be used to develop a commercial park at 1845 W. Rice St. behind the vacant lot.
The property will need to be rezoned, as the existing zoning allows a maximum of 37 condos. There is currently no information available regarding the project’s construction cost or timeline.
In March, Dnainfo.com reported that the firm also agreed to build a “promenade” for easy access between the park and the development site.
Fifield proposed this plan in December last year to the members of the East Village Association Board after a previous plan to build 39 apartments failed.