Lakeview residents may soon see a new mixed‑use development on Diversey Parkway, just steps from the CTA Brown and Purple Line stations. JAB Real Estate has filed a rezoning application for 920 W. Diversey Parkway that would replace two vacant single‑story commercial structures with a five‑story, 52‑unit apartment building called Field & Oak.
Project details and community benefits
The proposed building would rise about 65 feet and feature four residential floors above a 3,400‑square‑foot ground‑floor retail space. The design includes 32 one‑bedroom apartments, 12 one‑bedroom‑plus‑den units, and eight two‑bedroom units. Nine of the apartments would be designated as affordable under Chicago’s Affordable Requirements Ordinance, providing much‑needed housing for low‑ and moderate‑income families.
Residents would enjoy private balconies in some units, a rooftop deck, and secure storage for 52 bicycles. The development also plans for seven on‑site parking spaces and an off‑street loading area, reflecting its location in a transit‑oriented development (TOD) zone that allows reduced parking requirements because of the proximity to the Diversey Brown Line station and multiple bus routes.
Zoning process and next steps
The rezoning request must be approved by the Chicago City Council Committee on Zoning, Landmarks and Building Standards before moving to the full City Council for a final vote. JAB Real Estate has not responded to requests for comment as of Tuesday afternoon, and no construction timeline has been announced.
Neighborhood advocates have long called for more housing and mixed‑use development along Diversey. The site sits near a preschool, a residential corridor, and the Brown Line station, making it a logical location for additional housing stock. A few blocks east, the Field & Oak project would add to the growing inventory of apartments in the area, complementing other proposals such as the ComEd‑owned parcel at 1111 W. Diversey, where the utility plans a new electrical substation.
How residents can weigh in
Community members who wish to share their thoughts on the proposal may submit feedback to 44th Ward Alderman Bennett Lawson’s office. Input from local residents, schools, and businesses will be considered during the council’s review process.
With Chicago’s housing shortage and the city’s emphasis on transit‑oriented growth, the Field & Oak development represents a concrete step toward expanding affordable options while preserving retail space at street level. The outcome of the zoning vote will shape the future character of Diversey Parkway and its capacity to serve families, commuters, and small businesses alike.
Original reporting: Block Club Chicago — read the source article.
