A full building permit has been issued for a residential development at 3431 N. Ashland. Measuring 12,832 square feet, the rectangular site is located in the middle of the block between CTA Brown Line and W. Cornelia St. Developed by Contemporary Concepts Inc, the site was cleared of a three-story masonry building after the issuance of its demolition permit in March.
Designed by Studio Dwell Architects, the five-storey building will house 42 accommodation units, divided into 20 single beds and 22 double beds. Without commercial space, the ground floor will include two residential units, a community room, a mail and parcel room and a 51-space bicycle storage. 12 outdoor car spaces along the driveway will include three electric vehicle charging stations. Some units will have access to private balconies.
The 59-foot-tall project is one of three developments along this stretch of N. Ashland Ave. A project to 3415 N. Ashland Ave. is under construction and a future phase at 3443 N. Ashland Ave is also planned. Once all three are complete, the eastern stretch of N. Ashland Ave between the CTA Brown Line and W Cornelia St tracks will be completely revamped with new construction.
With City Council approval of the rezoning of the project in February, the development is free to start construction with the issuance of the full building permit. Contemporary Concepts Inc will also serve as general contractor. A completion schedule is currently unknown.