A mixed-use development planned for 3611 N Halsted St in Lake View East has received approval from the local alderwoman, clearing a important hurdle for the $65 million project. The proposal, spearheaded by developer studio Dwell, is slated to include residential units and commercial space.
The advancement follows a review process and signifies progress toward addressing housing needs and economic development in the neighborhood. With alderwoman approval secured, the project now requires review by the Chicago Plan Commission and City Council before groundbreaking, which is anticipated next year, with completion currently targeted for 2027.
Studio Dwell’s plans call for a significant investment in the area, with the development expected to cost approximately $65 million. the project will subsequently need to gain approval from both the plan commission and the city council to move forward. Residents can anticipate a delivery of units in 2027 if all approvals are granted and construction proceeds as planned.