**THIS ARTICLE HAS BEEN UPDATED TO REFLECT THAT THE ITEM WAS DEFERRED FROM THE ZBA'S AGENDA UNTIL JULY. THE ORIGINAL ARTICLE STATED THE ZONING VARIATION WAS APPROVED**
A residential development planned at 4701 N. Clark is awaiting ZBA approval. Planned by developer Gerard Coyle of AG Coyle Concrete, the new construction would replace an existing bank building that used to hold a Byline Bank branch. The previously existing bank drive-through structure has already been demolished.
With a design by 360 Design Studio, the new building will rise five floors, offering 36 apartments. The unit mix will consist of all two-bedroom apartment layouts spread across four floors. Car parking will include 18 spots on the ground floor. There will also be 39 bike parking spots in a bike room along W. Leland Ave.
Topping out at 77 feet, the building will be clad in an exterior of dark red brick with black metal windows and stone detailing. Balconies will be inset along the street-facing facades, while balconies along the back will hang out from the building. The ground floor will have an office space at the corner of W. Leland Ave and N. Clark St, with the residential entry at the northern end of the frontage along N. Clark St. An amenity room will be in the middle of the Clark St frontage, with the bike room at the east end of the Leland Ave frontage.
The Zoning Board of Appeals will review a variation to reduce the rear setback on floors containing dwelling units from the required 30 feet to 21.32 feet. To meet affordable requirements, four of the units will be set aside as affordable.
The Zoning Board of Appeals review has been deferred until the July meeting. If approval is secured, the developer can then move forward with permitting and construction. A building permit for the project has been filed and is awaiting issuance.