Full building permit issued for development at 545 E. Oakwood

A full building permit has been issued for a development in the works at 545E. Oakwood. Originally planned by developer Eagle OZ, the site was put up for sale in 2025. The latest permit filings list the new owner as 545 Oakwood LLC, but no announcements have been made regarding a sale of the property. 

Located at the southeast corner of E. Oakwood Blvd and S. Vincennes Ave, the project site is currently occupied by the former Holy Angels School. The building has been abandoned for over 7 years due to lead dust contamination and has deteriorated to an extent that necessitates demolition. 

Designed by Hanna Architects, the new construction would consist of a four-story residential building with 47 residential units. Located behind the building will be 10 car parking spaces and 48 bike parking spaces for the building. 

Rising approximately 64 feet tall, the new building will be made up of dark red brick and black aluminum panels with black window frames. The facade along S. Vincennes Ave is serrated with multiple setbacks to follow the angled property line. Balconies will be integrated into the S. Vincennes Ave frontage with hanging balconies on the back of the building. 

In 2024 the Zoning Board of Appeals approved a series of variations for the project that included variations to reduce the north side, south side, and east side setbacks from the required 5 feet to zero, a variation to reduce the rear yard open space from the required 1,728 square feet to zero, a variation to reduce the number of off-street parking spaces for a transit served location from forty-eight to eight, and a variation to reduce the west side setback from the required 5 feet to 3.58 feet and south side setback from 5 feet to 3.54 feet to allow the subdivision of an improved zoning lot. 

With the full building permit issued, general contractor To Be Seen LLC has the necessary permits to build the new development through to completion. A demolition permit for the former Holy Angels school was issued back in April 2025.