Wrigleyville Development Up For Debate
By Margaret Lyons in News on Jan 23, 2008 6:00PM
Live in the 44th Ward? Care a ton about Wrigleyville development? There's a public meeting tonight with Alderman Tom Tunney to talk about the proposed development on Addison. Yes, head to the Stadium Club at Wrigley (swank!) at 6:30 tonight for the airing of grievances. Er, discussion.
Developer Steven Schultz wants to build a 10-story, 137-room hotel and a 9-story apartment building on Addison between Clark and Sheffield.
While Mr. Schultz’s plan calls for towers that would be about 105 feet tall, the height has been a sensitive matter because of the site’s proximity to the historic stadium. Ultimately, the project’s height will be subject to “what the neighborhood groups will allow,” Mr. Schultz says.
The plan also calls for as many as 150 apartments and a total of 100,000 square feet of retail space. Mr. Schultz, a managing partner of Chicago-based Preferred Properties, says in addition to the health club, Xsport Fitness, he’s also talking with drugstore chains and grocery stores. The development would have a footprint of 75,000 to 80,000 square feet, he says.