The apartment and commercial retail development at 1240-44 W. Devon, known as The Apartments on Devon, is nearing completion and already several different restaurants have expressed interest in occupying the entire ground floor retail space.
Though the development required no zoning relief from the City, the developers of the project–Three Corners Development–agreed to meet with community residents last January to share their plans. I recently went on a tour of the development and I’m pleased to report the development is even more stunning than had been represented in the plans.
The site is located on Devon between Magnolia and Lakewood Avenues and was formerly a parking lot for the old Weinstein Funeral Home. Three Corners acquired the property in 2013 as part of their development of the new $1.4 million Heartland Health Center, which opened last year a block west of this location.
Christopher Woods, president of Three Corners Development, led me on the tour (see photo on right), together with Three Corners Development Manager Matthew Ferrino and his father, Rob Ferrino, owner of Madison Construction, the project’s contractor. The project offers ten spacious two- and three-bedroom apartments, which feature high ceilings, floor-to-ceiling Pella windows, which provide a lot of natural light, and numerous luxury finishes, including in-unit washers and dryers. Each bedroom has its own adjoining bathroom.
I was thrilled to learn that Three Corners currently is in negotiations with at least three separate restaurant groups to take over the project’s 7,000-square-foot ground floor commercial retail space. The addition of a quality new dining option, together with the addition of ten new households, will contribute to the new life and vitality now underway on Devon.
The developers tell me they will pursue LEED certificationfor the new construction, a prestigious distinction awarded to projects built in a way that improves energy savings, water efficiency, indoor environmental quality, and CO2 emissions reduction. Three Corners just achieved LEED Platinum status on their Heartland Health Center project just down the street.
The project is scheduled for completion by the end of this month and Devon Apartments is now accepting lease applications. If you are interested in renting an apartment in the development, contact Jason Wiznitzer at 847-509-3121, firstname.lastname@example.org.
If you are interested in leasing the commercial space, contact Pater Graham at 312-861-7851, email@example.com.
The Apartments on Devon is just the latest development that promises to bring new life and vitality to Devon Avenue. In addition to the new Heartland Health Center, Three Corners is also constructing a similar development on the south side of the street in the 48th Ward.
Audio Archaeology (see photo on right) opened its doors to popular acclaim last year. A new upscale restaurant and pub at the northeast corner of Devon and Lakewood and a new brew pub at the southeast corner of Devon and Magnolia are both slated to open soon.
These developments complement the Uncommon Ground and other new restaurants that have opened up in recent years on Devon. The street definitely is undergoing a renaissance. It’s great for both Rogers Park and Edgewater!