A CycleBar franchise is planning to open in The Parker, a new high-rise in the Fulton Market area at 175 N Halsted St. CycleBar is one of many spinning class fitness chains and franchises. Crain’s featured the company in a summer 2015 article saying CycleBar was going to open 100 stores in Chicago and the suburbs. A call for construction bids was issued on Sunday, according to BidClerk via Crain’s; the permit hasn’t yet been issued.
The Chinese Consolidated Benevolent Association of Chicago is proposing a senior housing building with 92 units spread over seven stories, on the properties between 246 and 262 W 22nd Pl. There are currently two small apartment buildings here, and the Chinese Community Center and building, which the association operates. The association needs a zoning change because the current class, RT-4, doesn’t allow that kind of density, nor a new community center.
The proposed “Teachers Village” development in the former Von Humboldt Elementary School in Humboldt Park (West Town community area) at 2620 W Hirsch St. has gone out to bid for about $30 million. There will be 84 apartments, and according to DNAinfo Chicago, “20 percent of the units would be reserved as affordable, 30 percent would be reserved as middle-income and 50 percent would be reserved as market rate.” The building is being developed by RBH Group from New Jersey, and IFF, the largest nonproft Community Development Financial Institution (CFDI) in the Midwest. IFF has an office in the CNA tower at 333 S Wabash Ave. The permit hasn’t been issued.
Full Circle Communities is developing the Brainerd Park Apartments on vacant land at 8900 S Loomis St. in the Washington Heights community area across from the Brainerd Senior Center, Brainerd branch library, and Brainerd Metra Rock Island District line station. The affordable housing development with 36 units is being “developed in partnership with Christian Community Health Center, and will provide high-quality housing for families earning at or below 60% of Area Median Income”. There will be support services on-site. The project is out to bid for about $11 million. The permit hasn’t been issued.
A vacant lot in Edgewater along Sheridan Road is poised to become a high-rise for seniors 55 and up. The building, Overture Edgewater Beach at 5540 N Sheridan Rd. will have 172 or 178 units. There will be 264 car parking spaces. It’s the second project proposed on the lot; the last was in 2007. The project is out to bid for about $20 million, and the permit hasn’t been issued.
The Chicago Department of Planning & Development reported in its newsletter last week that the Community Development Commission “approved the sale of City-owned land at 1345–57 and 1363 E. Marquette Road to Bloom on Marquette LLC, which plans to construct eight single-family, four-bedroom homes. The lots will be sold for $1 each due to an estimated $220,000 in environmental clean-up costs to be incurred by the developer.” The houses are on vacant land next to a new office for the Sigma Omega Foundation, which is related to a fraternity of the same name. The Chicago Public Schools sold that building when it closed the Alexandre Dumas Child-Parent Center in 2010.