WEST LOOP — Plans for a 19-story condo building across from Mary Bartelme Park and a 12-story apartment building near Union Park moved one step closer to realization after a key city vote Thursday.
The Plan Commission approved developers Fern Hill and Free Market Ventures’ plans for a 258-foot condo building at 37 S. Sangamon St. The $85 million project would bring 80 condo units to the Bartelme Park area.
The development team was working with the Department of Housing to create 16 off-site affordable housing units, city officials said.
If the project is approved, the developer will pay $1.75 million into the city’ Neighborhood Opportunity Fund.
Plan Commission also approved Marquette Companies plan for a 12-story building at 140 N. Ashland Ave. near Union Park. The building would bring 210 apartments with first-floor retail to the area near the Ashland ‘L’ station.
The $52 million transit-oriented development would include 32 affordable units.
The developments will next be considered by the Committee on Zoning before going before the full City Council for a vote later this month.
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