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Uptown in the News  

April 1, 2007
Chicago Tribune
Uptown multi-use project is planned
By Jeanette Almada

A 228-unit , mixed-use project is planned for the Uptown neighborhood on land neighboring Weiss Memorial Hospital.

The 1.5 acre site consist of four parcels—the northwest corner of West Leland Avenue and North Clarendon Avenue, at 4700 N. Clarendon; the southwest corner of Lakeside Place and North Clarendon Avenue at 4730 N. Clarendon; 831 W. Leland Ave; and 834 W. Leland.

Chicago-based Sunrise Equities and Development Co. will build the project. “We are still in design stages, but we are trying to change the entire look and feel of the neighborhood; we are going for a very modern look,” Salman Ibrahim, president of Sunrise said.

Plans include the rehab of a vacant five-story building at 4730 N. Clarendon that was once an Alzheimer’s residential facility. That is expected to be turned into a senior-care facility.

The developer will build an 18-story building with 165 condominiums at 4700 N. Clarendon. 17 of the units will be sold as affordable. The building is also planned to have 7,200 square feet of retail space. The condos will range in size from 900 square foot 1-bedroom units to 1,400 square foot 2-bedroom units.

At 831 W. Leland, a four-story building is planned with eight units. They are all planned to be 3-bedroom and sold as “affordable”.

The last parcel, 834 W. Leland, will have three-story, three bedroom market rate townhouses, at 2,100 square feet.

Construction is expected to start in the spring of 2008, tho’ a sales center should be open by fall of this year.

To view the entire article for a fee, please visit the Chicago Tribune website at www.chicagotribune.com.

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