Work is ready to get underway on a 22-story rental tower at the southeast corner of Damen Avenue and Congress Parkway in the Illinois Medical District (IMD).
Earlier week, developer Marquette Cos. landed a building permit to begin construction on the 230-foot building's caisson foundations. The Near West Side high-rise is allowed under the site's existing zoning, and Power Construction is listed as the general contractor on the permit.
Designed by Brininstool + Lynch, the tower headed to 513 S. Damen Avenue contains 279 apartments, a small ground-floor retail space, and parking for 172 cars on levels one through three. The upcoming building will rise immediately west of the 18-story former Medical Center Apartments which Marquette recently rehabbed and rebranded as the 272-unit Atio Apartments. The site is currently occupied by a surface parking lot.
Marquette also plans a third shorter rental building on the southern edge of the site along Harrison Street, which will rise nine stories. Also designed by Brininstool + Lynch, the Harrison building will include 120 apartments, provide additional retail space, and share the parking garage and a fourth-floor amenity deck of the neighboring tower about to break ground on Damen.
According to Marquette's president and chief investment officer Darren Sloniger, the IMD is experiencing a high demand for new apartments. "People want to live there because they can walk to the L and walk to work," Sloniger told Crain's Chicago Business back in July. Meanwhile, vertical construction continues nearby on the 11-story, 161-unit Gateway Apartments near the intersection of Ogden Avenue and Polk Street.