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Ald. Osterman Supports Somerset Place Project

By Adeshina Emmanuel | January 13, 2013 8:14am
 Somerset Place, 5009 N. Sheridan Road.
Somerset Place, 5009 N. Sheridan Road.
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Cook County Assessor's Office

UPTOWN — Ald. Harry Osterman (48th) on Friday threw his support behind a proposal to redevelop a vacant building with a violent past.

On Wednesday, Uptown residents gave Zidan Management Group the green light to renovate  Somerset Place, a former nursing home at 5009 N. Sheridan Road that was closed in 2010 because of patient safety violations and purchased by Zidan in 2011.

Community approval cleared the way for Osterman to make a decision on his support of the project.

"I believe that this development is critical to the future revitalization of the Argyle Street area," Osterman said in the 48th Ward's newsletter.

The project has a date with the city zoning committee on Monday, where Zidan is expected to  request a zoning change to allow a mixed-use development.

The redevelopment plan includes 160 rental units. Ten percent of the rental units would be offered below the market rate, according to Chicago's Affordable Rental Ordinance. The 29,000 square-foot building would also have ground-level retail space.

FitzGerald Associates Architects will do the redevelopment plan.