ChicagoDowntown / Loop

More apartments proposed for Near West Side

by Joe Zekas on 1/25/12

Crain’s Chicago Real Estate Daily
is reporting that Bond Cos., a local developer, is planning a mixed-use development on the site of a former Chernin’s Shoes warehouse on the block bounded by Canal, Taylor, Clinton and Roosevelt Rd on Chicago’s Near West Side.

The proposed development would include approximately 200,000 square feet of retail and up to 460 apartments in buildings no more than eight stories high.

According to Crain’s, the project would require a zoning change which has yet to be applied for.

YoChicago’s list of new downtown apartment projects that are proposed and underway now totals more than 10,000 units.

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{ 2 comments… read them below or add one }

Simon January 25, 2012 at 10:57 PM

Very Exciting. I love the design and the scale of the project. I wish the developer the best of luck in seeing this project through as I bealive it will add a great deal of density in the area and hopefully spark further development. If roosevelt collection can lease out to 95%+ occupancy in a matter of months after going rental I dont see why this project would have a problem doing the same considering all the retail downstairs, acess to the highway and loop and probably some kick ass views.

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Joe Zekas January 25, 2012 at 11:13 PM

Good call on the views, Simon.

Here’s the view from next door, at Whole Foods …

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