Around Rogers Park: Building Projects Progressing in Rogers Park


 

Three residential developments continue to take shape across the Rogers Park community: Concord on Sheridan, 1323 W. Morse, and Elevation Lofts.

The Concord on Sheridan property should be completed by the fall or winter of 2019. The building has topped out at eight stories, and contains 111 units. Of this total, 60% will be affordable and reserved for CHA tenants, and the remaining 40% will be market rate. The ground floor will contain retail space, including a 23,000 square foot flexible format Target store and 7,000 square feet for other retail tenants.

Tawani is the developer of 1323 W. Morse and is it already on the market for pre-leasing. The first move-ins are anticipated this summer. The building is eight stories tall with five apartment floors on top of a three-level parking garage. There will be a total of 45, one and two-bedroom apartments, ranging from 620 square feet to 1,100 square feet. The location adjacent to the CTA Red Line station at Morse Avenue makes it especially appealing to downtown commuters and local residents alike.

Jay Johnson is developing the Elevation Lofts, located at 1531 W. Howard Street. Jay and his company, Cornerstone Investment Group, is developing this site in partnership with Watermark Properties.

Elevation Lofts will have 38 units of Class A rental apartments. The building will have 2,900 square feet of retail commercial space, automobile and bike parking, and storage on the first floor. The second through fifth floors will contain dwelling units in addition to a community room and fitness area. The building will offer a roof-top deck with spectacular views of Lake Michigan and downtown Chicago. The building has already topped out and the first residents should be able to move in during the summer of 2019. This is the first, new construction, market-rate apartment building to be built on Howard Street in many years.