Permits issued for mixed-use affordable housing project

Permits were issued for the construction of a mixed-use affordable housing project at 3557 W Lawrence Avenue. Located in Albany Park, the building was permitted under the address of 3559 W Lawrence Avenue. The plot is a corner site at the intersection of Lawrence and Central Park Avenues. Chicago-based Celadon Holdings, LLC is the developer behind the venture.

Funded in part by $2.5 million in TIF money, the new building will rise 65 feet with 50 units spread between its six floors. With a design from UrbanWorks, 42 units will be designated as affordable, with the remaining 8 positioned as unrestricted workforce units, serving families at 80% AMI. The unit mix will provide 12 one-bed units that will average 687 square feet, 33 two-beds averaging 973 square feet, and five three-bedroom apartments measuring an average of 1,358 square feet. Over 6,000 square feet of retail space will be located on the ground floor with 13 parking spaces provided on the rear of the site. 

As previously reported by Chicago YIMBY, the building was originally going to be a modular system built by Skender Construction at their modular factory. A switch to traditional construction methods was made after Skender’s modular division closed in September 2020. Clark Construction Group is the new general contractor. 

The property was rezone from B3-2 to B3-3 in October 2020, with a zoning variance for a rear setback reduction approved in March 2021. Construction was targeted to be completed by summer 2022, but that timeline may have shifted since that was based on construction beginning in summer 2021.