Alderman Vasquez has announced that he will support the rezoning at 5400 N. Ashland for a revised development scheme. Planned by real estate investor Josh Bradley, the project site is located at the northwest corner of N. Ashland Ave and W. Balmoral Ave.
Designed by Compass Architecture LLC, the proposed development has been revised from its earlier five-story structure to the newly revised four-story scheme. According to Alderman Vasquez’s statement, the primary concern was the height of the building. The new four-story building, one-story less than before, has a new height of 52 feet, down from 57 feet.
Originally set to have 18 residential units in the building with four of them set aside as affordable, the new scheme will have 15 apartments, with three of them affordable. Instead of the previously planned enclosed garage for nine cars, the updated scheme will have seven exterior parking spaces along the alley.
After Alderman Vasquez denied the zoning change, the developer consulted neighbors and organizations in the area, and ultimately came up with the updated design. With the revised scheme in place, Alderman Vasquez will support the zoning change from RS-3 to B2-3 and it can proceed to seeking approvals from the Committee on Zoning and City Council.