Tag Archive

Residential Component of Ravenswood Terrace Unveiled

By Patty Wetli

The picture of the proposed Ravenswood Station/Terrace development on Lawrence Avenue (the six-acre parcel is currently owned by Sears) became a bit clearer Thursday night at a community meeting featuring representatives from the developers of both the commercial and residential components. Approximately 30 residents and a gaggle of suits attended the detailed presentation, hosted...

Ravenswood Terrace Residential Project Dead?

By Mike Fourcher

Real estate news site GlobeSt.com is reporting this morning that the Ravenswood Terrace project, a $50 million project first reported by Center Square Journal, is dead. The residential project would be sited immediately north of the Ravenswood Station commercial project on Lawrence Ave. and the Ravenswood Metra North station. The publication says that developer...

Ravenswood Station Project Demands TIF And Residential Component To Go Forward

By Mike Fourcher

The two biggest aspects of last night’s Ravenswood Station project were not even in the developers’ presentation: the developers require $4.4 million of Tax Increment Financing (TIF) money and the approval of a residential component of the project before it can go forward. Using stronger language than his predecessor ever did in a community...

Ravenswood Station Developers To Discuss Plans Thursday

By Mike Fourcher

Thursday evening the Ravenswood Station development team will detail their plans for the 286,000 square foot space on Lawrence Ave. next to the Ravenswood Metra North Line station. Thursday’s presentation, set for the 47th Ward Council meeting, 6:45 p.m. at All Saints Episcopal Church, 1757 W. Wilson Ave., will be the first of three presentations...

Metra To Begin Bridge Reconstruction On UP North Line In Two Weeks

By Dave Kornecki

Hoping the second time is the charm, Metra plans to begin a major bridge reconstruction project on the Union Pacific (UP) North Line in the next two weeks that is projected to last until 2019 and, Metra claims will have no noticeable impact on rush-hour commuter schedules. “The rush-hour commuting schedule will not be impacted...

Sun Times: Lawrence Ave. Sears Parking Lot Project Derailed

By Mike Fourcher

The Chicago Sun Times reported this morning that the proposed Ravenswood Station development in the Sears parking lot at Ravenswood and Lawrence Ave., is “derailed” because Sears Holdings Corp. and Magellan Development Group LLC have not been able to agree on a sale price for the property. The 80,000 square-foot project was slated to include a...

Metra Construction Plans Available To View

By Samantha Abernethy

Metra officials held a community meeting on March 29 to present construction plans for the upcoming rail construction on the Union Pacific North Metra line, slated to begin this month. Though billed as a public forum, Metra officials did not address the crowd in an organized meeting. Officials mingled with the crowds and answered...

Center Square In The News

By Brad Bretz

NBC 5 Chicago reports on ethnicity in Chicago politics and how Lincoln Square may soon be Irish. Chicago Now encourages us to make reservations for Chicago Restaurants Week at Bistro Campagne A.V. Club Chicago talks with Dustin Drase & Michael Ardaiolo about their Lincoln Square based cassette label, Plustapes. Chicago Reader tells us about...

Mariano’s Faces Obstacles To Opening New Grocery Stores

By Mike Fourcher

Mariano’s Fresh Markets plans to add a new grocery store at Western Ave. and Roscoe street, the former home of a Dominick’s. The building has been vacant since October, but Mariano’s cannot get in the space yet. “We can’t get in until the previous lease expires,” said Vivian King, spokeswoman for Mariano’s Fresh...

Metra Open House Draws a Crowd

By Laura Pearson

The auditorium at Bethany Retirement Center (4950 N. Ashland) was packed this past Tuesday for a Metra Infrastructure Project open house. Residents viewed plans for bridge and retaining wall construction on the Union Pacific North line, a $185 million project that starts this month and is expected to wrap up at the end of...

Residents React to Plans for New Ravenswood Metra Station

By Laura Pearson

Last night residents of the 47th Ward gathered at Bethany Retirement Community to review plans for the new Metra station to be located north of Lawrence Avenue on Ravenswood. Work on the federally funded $80-million project will begin this fall and is expected to wrap up by the end of 2014. It’s part of...

Ravenswood Station Wins Approval from Residents

By Hunter Clauss

Lincoln Square residents overwhelmingly approved the proposed Ravenswood Station development by a vote of 100 to four. The nearly $50-million development calls for a three-story commercial building that will include a Mariano’s Fresh Market grocery store and a health club that has yet to be determined. The project will also include a four-level parking...

Ravenswood Station Development Up for a Vote Tonight

By Hunter Clauss

The fate of the proposed Ravenswood Station development will be decided tonight at McPherson Elementary School, where residents will be allowed to vote on the project beginning at 7 p.m. Dan Luna, who is the chief of staff for Lincoln Square Ald. Eugene Schulter (47th), said residents will be given cards to hold up...

News and Notes: Trader Joe’s Expansion, Ravenswood Station, and a Suspicious Package

By Hunter Clauss

Trader Joe?s Prepares for Opening of Northcenter Expansion The expansion of the Trader Joe?s located at 3745 N. Lincoln Ave. will be completed sometime in early July, says company spokeswoman Alison Mochizuki. The grocery-store chain will add 4,000 square feet to its Northcenter store from the empty retail space next door that formerly housed...

Controversial Ravenswood Station Development Axes Condo Tower

By Hunter Clauss

The new developers working on the controversial Ravenswood Station project have tabled previously announced plans to include an 11-story condominium tower. During last night’s community meeting at McPherson Elementary School, Lincoln Square Ald. Eugene Schulter (47th) said he asked the site’s new developer, Magellan Development Group LLC, to hold off on plans for the...