The plan called to fill the hulking gray building with a Retro Fitness gym, a Binny’s Beverage Depot and a 300-seat theater. Thursday to usher in the construction of a Culver’srestaurant, signaling the next step in a $16 million redevelopment set to transform the 4900 block of West Irving Park Road, according to Arena’s staff.īoosted by $2 million from the Portage Park Tax Increment Financing District, property owner Charles Cui set out last year to rehab the former Bank of America building at 4901 W. John Arena (45th) will join a ceremonial groundbreaking at 11 a.m. The developers have committed to covering the expenses of improving the streetscape along Lipps, welcoming commuters and residents into the neighborhood.įor more information on the development, visit jeffersonplace/.ĬHICAGO - Butter burgers and cheese curds are closer than ever to the Six Corners Shopping District.Īld. The building will provide 10,000 square feet of retail space, 114 apartments (11 affordable), and 200 parking spaces. It leverages the multiple transportation options that are Jefferson Park’s best assets. Jefferson Place will help breathe new life into downtown Jefferson Park by answering the demand for quality rental housing, leasable retail, and flexible parking. I am proud to usher in this mixed-use, transit-oriented development directly adjacent to the city’s second busiest transit hub outside of the Loop.īy increasing density in a responsible way, Jefferson Place will support neighboring businesses such as the Copernicus Center, the Ed Paschke Art Cente r, the Gift Theater, Windy City Musical Theater, Gorilla Sushi, Weston’s Coffee and Tap Co, and others. Today, the zoning committee approved the Jefferson Place development located at Lipps and Ainslie.
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