In Woodlawn, a joint venture between Chicago-based DL3 Realty and co-developer The Michaels Organization is seeking city approval for a five-story, mixed-income housing development at the southeast corner of 63rd Street and Maryland Avenue.
Designed by FitzGerald Associates Architects, the proposed building calls for 56 dwelling units offered in one-, two- and three-bedroom floorplans, a pair of ground-floor live-work units targeting entrepreneurs, and roughly 3,400 square feet of retail space fronting 63rd street. A rear parking lot will provide 32 spaces for residential use plus 8 spaces reserved for retail customers.
Forty-one of the units will be offered as affordable housing: nine units for households earning no more than 30 percent Area Median Income (AMI), nine units at 50 percent AMI, and 23 apartments at 60 percent AMI. The remaining units will be rented at market rate. The development team intends to apply for Low-Income Housing Tax Credits and other financial assistance, according to the project's zoning application.
The site is currently a vacant city-owned lot and is located across the street from the 70-unit mixed-income Woodlawn Station housing development, which opened in 2018. DL3 and Michaels are seeking to rezone the property from B3-3 Community Shopping District to a Residential Business Planned Development. The proposal is scheduled to go before the Chicago Plan Commission on August 19.
E. 63rd Street and S. Maryland Avenue.Google Street View
