Uptown Could Get A New Transit-Oriented Development At Wilson Red Line
By Mae Rice in News on Jun 28, 2016 4:52PM
Wilson view, looking East (MX3 Architects)
Uptown could be getting an 11-story transit-oriented development (TOD) less than a block from the Wilson Red Line Station. The proposed project from developer Praedium, designed by Chicago's MX3 Architects, would replace the single-story City Sports store on the northeast corner of Wilson and Broadway, a spokesperson for Ald. James Cappleman (46th) told Chicagoist.
The TOD would contain a mix of housing and retail space, and would cost "well over $10 million," according to Ald. Cappleman's chief of staff, Tressa Feher. Residential units would include 42 apartments with one or more bedrooms, and 115 studio units. The first floor of the structure, meanwhile, would be reserved for retail space; though Feher was unsure of exact square footage, Uptown Update reports there will be roughly 11,500 square feet of retail space. Per TOD regulations, the building will have 44 parking spaces, fewer than a typical apartment building—though they'll be complemented by 153 bike spaces.
The proposed development is still in the early stages, Feher told Chicagoist. Praedium has yet to complete their development application, and the project would require a rezoning that won't go before the the ward's zoning committee until the end of July.
If this TOD comes to pass, it could be an early sign of gentrification in currently-accessible Uptown. TODs in Lakeview, Logan Square and beyond have helped trigger the waves of gentrification that killed local businesses like Lakeview's The Alley and Logan Square's El Charro (RIP).
[H/T Curbed]
Winthrop view, looking South (MX3 Architects)
Broadway view, looking North (MX3 Architects)