LAKEVIEW — With "Punkin' Donuts" reduced to dust last week, the mixed-use development project at 3200 N. Clark St. will break ground Wednesday.
While other buildings housing businesses like Architectural Revolution were razed in February, the Dunkin' Donuts better known as Punkin' Donuts remained open until earlier this month. By Friday, the building was gone.
A groundbreaking ceremony will take place Wednesday morning, coordinated by Ald. Tom Tunney (44th), the Department of Housing and Economic Development, the mayor's office and developers.
The $50 million project will be anchored by a "scaled-back" Target that will offer grocery, healthy and beauty departments with a focus on "quick trip" shopping, Tunney announced in April.
BlitzLake Capital originally proposed a 10-story tower with a modern, glass facade in 2013, but the project was scaled back after neighbors opposed other tall buildings. The eight-story building now features a more traditional design and will include retail and residential spaces.
With 90 apartment units, two floors of retail and 39 parking spaces, some worried that parking would be an issue, but Tunney said at the time that there was adequate street parking, while the nearby Belmont 'L' station would generate plenty of foot traffic.
The project is expected to be completed by late 2016.
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