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Proposed 6-Story Project On Fullerton Calls For Rents Around $2,500

By Mina Bloom | October 11, 2016 5:07am
 A rendering of the project at 2529-37 W. Fullerton Ave.
A rendering of the project at 2529-37 W. Fullerton Ave.
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Courtesy/Vari Architects

LOGAN SQUARE — A plan to build a six-story luxury apartment building on Fullerton Avenue calls for rents in the $2,500 range for between 1,100-1,300 square feet of space. 

Developer Stuart Miller is seeking a zoning change to build the modern mixed-use development at 2529-37 W. Fullerton Ave.

Plans call for a mix of 19 two- and three-bedroom apartments, 19 parking spaces and ground-floor commercial space, which would be occupied by Miller's apartment management office.

The project would be built in place of two vacant and dilapidated two-story homes on the corner of Fullerton and Maplewood avenues, not far from a similar new construction building at 2550 W. Fullerton Ave.

The Greater Goethe Neighborhood Association did not grant approval for the change at a Monday evening zoning committee meeting, held at Haas Park's field house, 2402 N. Washtenaw Ave. Instead, it urged the development team to change the height of the building that faces Maplewood Avenue side so it better blends into the residential street.

Sara Barnes, the zoning attorney representing Miller, said the team would go back to the drawing board before presenting at a broader community meeting, which has yet to be scheduled.

It was the second development proposal presented at the zoning meeting: A proposal for a five-story project at 2558 W. Armitage Ave. calls for 14 apartments, 14 parking spaces and ground-floor commercial space. 

A rendering of the project at 2558 W. Armitage Ave. [Courtesy/Hannah Architects]

The development team, led by Capricorn Real Estate Group LLC, is seeking zoning changes to build the project, which used to be the site of Pete's Food and Liquor. 

"We think we're keeping in trend with the neighborhood," zoning attorney Mark Kupiec told neighbors at the meeting. "This is the type of new building being proposed."

John Hannah with Hannah Architects said his team has made a number of changes since the last meeting with the neighborhood group, including reducing the number of units from 18 to 14 and pulling the building back on the upper floors about 15 feet.

It's unclear how much the apartments will cost per month. The team said rents would depend on the market value once the project is complete.

The projects are the latest proposed for the neighborhood, which continues to see a housing boom.

One of the most controversial projects is the dual tower apartment project at Milwaukee and California avenues.

According to available listings, the highest priced three-bedroom units would rent for $3,350 per month. Two-bedrooms will rent in the range of $2,245-$2,850, one-bedrooms are ranging from $1,745-$2,095 and studios around $1,595.

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