Friday, September 14, 2018

Apartment / retail development begins at huge Chase Bank site, Lincoln Square

The retail building at the corner of Lawrence and Ravenswood is one of three new construction buildings going up at the site.  A total of 166 rental units and 175 parking spots will grace the corner.   All photos Eric Rojas, Broker, Kale Realty
Construction on the corner of Ravenswood and Lawrence has ratcheted up!  This bustling intersection is home to a huge Chase Bank branch (a new bank branch will be incorporated into the development). Adjacent to the east is the Ravenswood Metra station. Across the street to the north is Mariano's and LA Fitness.  The new units can look straight into the pool LOL.  I never understood why that pool window is not frosted glass but enjoy the show I guess.

A portion of the Chase Bank building is shown behind the new corner building.  The exiting property has a large parking lot which will fill up with residential apartments.
Here's the project details with renderings.  A friend in city planning reminded me this project was approved by the Plan Commission in June of 2017.  The bank property is still open while the corner building goes up.  I really like the brick buildings (material and design) that will go up according to the plan.  Wish the Mariano's across the street would have used similar design rather than the spaceship thing.  The corner would look much warmer.

The Mariano's went with a more "contemporary" design.  I think a red brick design would have better anchored the corner among brick apartment and loft buildings. 
The new 1825 West Lawrence development will mimic the brick loft buildings, apartments, brick single family homes as well as the newly built Metra station that make the city special.

The new Metra Station has a warm red brick, classic small town center design. 

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