A zoning application has been filed for a proposed mixed-use development at 450 N. Morgan. Planned by Shapack Partners, the project site is located at the northwest corner of the intersection of N. Morgan St and W. Hubbard St.
Designed by Eckenhoff Saunders, the new mixed-use building would be seven stories tall reaching an approximate height of 79 feet tall. The building would include 79 residential units, ground floor retail space, 20 parking spaces, and 40 bike parking spaces.
The building’s ground would have the residential lobby face W. Hubbard St with retail space occupying the corner. A loading dock and bike parking would be located next to the residential lobby along the alley. The back half of the ground floor would include 20 parking spaces accessed from the alley and from a curb cut on N. Morgan St. The upper floors would host the planned 79 units which will also include the 20% affordable units requirement per the ARO.
To allow for the project to move forward, the developer is seeking to rezone the site from B2-3 to B2-5. Approvals will be needed from the alderman, the Committee on Zoning, and City Council.