New Designs Show Rooftop Pool, 150 Apartments in Wrigleyville

The Addison Park on Clark development is back with developers sharing new details for the mega-development next to Wrigley Field.

Addison Park on Clark
Addison Park on Clark
Developers behind Lake View’s Addison Park on Clark complex are back again, this time with new designs detailing fewer apartments, more parking and a rooftop pool.

M&R Development and RMK Management Corp. presented their new plans at a recent Southport Neighbors Association meeting, detailing changes like expanding the sidewalks, DNAinfo Chicago reports.

It’s all centered on the southeast intersection of Addison and Clark Streets. The project is downsizing the number of apartments from 170 to 148 while increasing the number of parking spaces from 380 to nearly 500. That’s combined with nearly 170,000-square-feet of retail space.

New designs also show an increase of the building’s height by just two feet, making the tallest portion of Addison Park on Clark 93-feet tall. Developers, however, say the highest points are set back from the street to fit in better with the surrounding Wrigleyville neighborhood.

“Ensuring the structure and design of Addison Park on Clark integrates with the surrounding buildings and community has always been priority,” they wrote on their website. “The revised plans increase setbacks from the perimeter of the building. Upper floors along Clark Street will be placed more than 45 feet from the perimeter.”

XSport Fitness, a health club chain, is also still in talks to take over a large portion of the development. Ald. Tom Tunney’s office told Patch in January other retailers like 7-Eleven and CVS might also fill street-level retail storefronts. Developer Tony Rossi later told DNAinfo retailers would likely be restaurants and bars.

Things may be moving along, but at one point Addison Park on Clark almost failed completely. The project’s planned development was approved in 2010, but the developer dodged a complete foreclosure on the property in 2012 when he refinanced the site with a $9.1 million loan.

They then restructured the plan, moving away from a hotel on the property toward more apartments and a potential deal with XSport.

Developers aim to gain full city approval this fall, with construction starting the spring of 2014.

ChitownTransplant August 22, 2013 at 12:55 AM
Welcome to the city! You do realize that 1 in 3 Chicago residents live without a car? A ratio I am sure is much higher in the transit rich north side communities such as Lakeview. Regardless this parking ratio is out of control almost anyway you look at it. They are tripling the parking minimum for a development not in a transit zone and in this case they are 600 feet from a Red Line station. Crazy!
Adam Rosa August 22, 2013 at 10:10 AM
Also, the folks that rent these places are likely to be early-mid twenties crew that want's to live directly above the bar in Wrigleyville. I'm guessing most of them will work downtown and won't need a car for the commute.
Jeff Friedman August 22, 2013 at 06:55 PM
Adam, I agree the likely demographic in the neighborhood would be in their 20s. It will be interesting to see what the rent prices will be. Your typical 20-something is looking to spend well under $1000 per month on rent. I doubt a new project like this will offer anything in that price range. Therefore, the project is going to need to appeal to a unique niche. Not too many people want to live in Wrigleyville because of the noise, traffic, and rowdy crowds. I work in the apartment rental business. I find most renters chose Wrigleyville as their second choice if they can't find a place somewhere better in their eyes. There is a small niche of people who like Wrigleyville but they are usually young men with small incomes. These guys usually like to drink and party.
ChiTownLivin August 30, 2013 at 05:17 PM
@ Jeff Friedman. I remember reading (not sure if it was here on patch or elsewhere) that they were aiming for a different demographic than the 20somethings and were going to have higher rents. You may notice as well down Clark Street there are more "restaurant style" establishments opening up vs bars. Prime example is Sweet Baby Rays, Taco Flaco, and soon to be Old Crow BBQ (which is owned by JBC and Moe's) in an effort to bring more restaurants to the area.
Hammering Hank September 05, 2013 at 09:39 AM
I can't wait for the new movie theatre~


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »