Plans have been revealed for a proposed residential development at 1649 N. Halsted. Located directly across the street from the famed Steppenwolf Theater, the project is planned for the site of the former Royal George Theatre, which closed permanently in 2020. Draper and Kramer is the developer behind the venture.
Revealed through their website, the new transit-oriented development will stand seven stories tall and deliver 133 residential units. Incorporating a unique, modern design intended to complement Steppenwolf Theater across the street, 1649 N. Halsted is expected to offer a mix of studio, one-bedroom, two-bedroom, and three-bedroom units complemented by a full suite of hospitality-style amenities. Offerings will include a co-working space, fitness studio, resident lounge and a landscaped sky terrace. An enclosed parking garage for 34 vehicles will also be included.
The project is surrounded by a host of neighborhood amenities, including several top restaurants, popular retail districts along W. Armitage Ave and W. North Ave, and the nearby CTA Red Line at North/Clybourn.
Little details have been revealed regarding the proposal. It is unclear whether the proposal will need a rezoning or Planned Development approval to proceed with construction. No permits have been filed or issued and no timeline for the project has been made public.