A six-story apartment complex could replace a commercial building next to Chase Park in Uptown. Raftery Construction is asking Ald. Matt Martin (47th) for a zoning change to build a six-story building with 95 apartments and 7,600 square feet of commercial space at 4730 N. Clark St.
Project Details
The building would have 20 one-bedroom, 70 two-bedroom and five three-bedroom apartments, according to plans shared by Martin’s office. There would also be 40 off-street parking spaces and 95 bike parking spots.
Nineteen apartments would be earmarked as affordable apartments for people earning less than 60 percent of the area median income — or $51,060 for a household of one — as mandated by the city’s Affordable Requirement Ordinance.
Because the development site borders Chase Park, 4701 N. Ashland Ave., to the north, the developer would also work with the Park District to convert the south portion of the east-west alley into publicly accessible green space, according to Martin’s office.
Original reporting: Block Club Chicago — read the source article.
