A Skokie-based developer is pushing forward with plans to transform a West Loop industrial site into a vibrant mixed-use community. F&F Realty has proposed converting an eight-story office building at 1060 W. Van Buren St. into 111 apartments, with retail space on the ground floor.
In addition, the company aims to build a 27-story high-rise adjacent to the existing structure, boasting 214 units – including one-bedroom lofts and larger corner units with two bedrooms. The new development will also feature an array of amenities, such as a dog wash, coworking space, fitness center, and rooftop terrace.
The project's total unit count is set to reach 325, with a significant portion dedicated to affordable housing options. A total of 65 affordable units have been included in the plan, which aims to meet the city's Affordable Requirements Ordinance requirements by providing rentals that are affordable for those earning an average of 60% of the area median income.
Construction on the new high-rise and renovation work on the existing building are expected to begin soon. If approved by the Chicago Plan Commission next week, the project will need final approval from the Chicago City Council before breaking ground.
In addition, the company aims to build a 27-story high-rise adjacent to the existing structure, boasting 214 units – including one-bedroom lofts and larger corner units with two bedrooms. The new development will also feature an array of amenities, such as a dog wash, coworking space, fitness center, and rooftop terrace.
The project's total unit count is set to reach 325, with a significant portion dedicated to affordable housing options. A total of 65 affordable units have been included in the plan, which aims to meet the city's Affordable Requirements Ordinance requirements by providing rentals that are affordable for those earning an average of 60% of the area median income.
Construction on the new high-rise and renovation work on the existing building are expected to begin soon. If approved by the Chicago Plan Commission next week, the project will need final approval from the Chicago City Council before breaking ground.