I invite you to attend a community meeting I’m hosting to review plans for the construction of a new three-story, mixed use residential apartment building at 1240-44 W. Devon. The meeting will take place next Tuesday, January 27th, 7:00 p.m., at the Heartland Health Center, 1300 W. Devon, in the conference room.
The planned development complies with the existng B3-2 zoning on the site and requires no zoning relief from the City. The development team, Three Corners Development, agreed to meet with the community to share their plans and to consider any reasonable suggestions put forth by the community residents.
The site is located 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 recently opened a block west of this location.
The new building will consist of 7,000 square feet of storefront commercial retail space on the ground floor, which can be subdivided if necessary into two or more commercial spaces. Ten multi-family residential apartment rental units will be constructed on the second and third floor, consisting of six three-bedroom units and four two-bedroom units.
Additionally, a ground floor residential patio and 11 parking spaces will be located at the rear of the property. The total project will be approximately 20,000 square feet in size.
The developers tell me they will pursue LEED certification for 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.
The developers plan to start construction in the spring with an anticipated completion date by the end of this year.
View the site and floor plans, here, here, and here.
The new commercial and residential apartment building is just the latest development that promises to bring new life and vitality to the 49th Ward side of Devon Avenue. In addition to the new Heartland Health Center, Audio Archaeology (see photo on right) opened its doors to popular acclaim earlier this year and a new upscale restaurant and pub is slated to open at the corner of Lakewood and Devon.
The developments complement the Uncommon Ground and other new restaurants that have opened up in recent years on the 48th Ward side of the street. Three Corners also plans to construct some new developments on the south side of Devon in the coming months.
If you have any questions about the new development, please contact Michael Land at my office at firstname.lastname@example.org and he will attempt to answer them or put you in touch with the development team.