LINCOLN PARK — The busy intersection of Lincoln Avenue, Fullerton Avenue and Halsted Street is heating up with yet another development proposal.
BlitzLake Partners is seeking zoning changes to redevelop two neighboring sites, 2448 N. Lincoln Ave. and 2462 N. Lincoln Ave., into two four-story buildings with residential units and retail space, according to Ald. Michele Smith (43rd). Currently, the sites house apartments, as well as a flower shop and nail salon on the ground floor.
Under the proposal, the building at 2448 N. Lincoln Ave. would offer 22 residential units and about 5,000 square feet of ground level retail space, while the building at 2462 N. Lincoln Ave. would offer nine residential units and about 1,200 square feet of ground level retail space.
The Chicago-based developer, which is also behind a Lakeview project at Belmont Avenue and Clark Street, bought 2448 N. Lincoln Ave. in December 2014.
The developer will pitch neighbors at a community meeting June 1 at Stanley Manne Children's Research Institute, 2430 N. Halsted St., in the first floor conference room (Wolfson Room), beginning at 6 p.m. The alderman's office and Wrightwood Neighbors Association will co-host the meeting.
The two sites are about one block north of the busy Lincoln Avenue, Fullerton Avenue and Halsted Street, an intersection that is seeing a lot of activity lately.
The Lincoln Centre condominium building at 2518-2540 N. Lincoln Ave. — which is adjacent to the Apollo Theater — is also coming down this summer. It will be replaced with a 10-story building with 191 luxury apartments, 16,300 square feet of retail space and 160 parking spaces.
Crews on Tuesday blocked off part of Lincoln Avenue to begin demolition.
A third construction project — the redevelopment of DePaul University's music building — is also underway. Construction is expected to last two years and four months.
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