Tuesday, September 24, 2019

Rats! Logan Square six story development underway near CTA Blue Line

I took a few photos last week of the new six story development site at 2755 N Milwaukee. The former Pierre's Bakery structure has been cleared.  Some residents are not totally sold on the market rate mixed use development that will bring 60 residential units and some ground retail. Some union workers are not happy either (hence the giant rat).

The large site is located immediately across the street from the North Spaulding Avenue entrance to the CTA Logan Blue Line. This strip of Milwaukee is full of shops, restaurants, services and bars.
The old bakery building.

Dill Pickle Co-OP grocery store and CTA Blue Line entrance at North Spaulding Avenue are across the street.

Logan Theater along with many restaurants, bard and shops line Milwaukee Avenue near the new development.
It is not clear if the development with be a condo building or rental apartments. 497 condo units have closed thus far in Logan Square with a median sales price of $410,000. This is a great location and would condos would probably do well. Rents for a two bedroom, two bath condo would probably start at $2,500 a month for a 1200 sq/ft unit.

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