Q&A
How will Addison Park on Clark benefit the community?
Addison Park on Clark is a unique opportunity to improve upon the overall character of an urban center by bringing new services and retail options to Lakeview. The property currently contains significant surface parking and does not include the type of high-quality buildings and services the community deserves. Buffered on all sides by commercial property, this is an optimal location on which to focus development in order to limit the impact on adjacent residential areas.
What role does the community have? How can I get involved?
We have been working with elected officials, community leaders, and neighborhood residents from the beginning of this process, and plan to keep the lines of communication completely open. We welcome your thoughts. To receive updates and hear about upcoming meetings, please join our e-mail list by clicking “For More Information”
How will this affect traffic and parking in the neighborhood?
As those who live in the area know, there’s no way around Cubs’ game-day congestion. The project team is working diligently to integrate the development into the community on both games days and throughout the rest of the year.
Addison Park on Clark has been designed to take advantage of existing transit options in the community. The development will be just steps from two bus lines (#152 Addison and #22 Clark) and one train station (the Red Line at Addison). This is a prime example of a transit-oriented development that has made reducing emissions and congestion a priority.
In addition, the development team is working with the City of Chicago on a traffic study for the site. The study will be conducted by an independent third-party and its results will be shared with the public. The study will be conducted this spring to measure area traffic under various scenarios: game and non-game days, day and evening traffic, as well as weekends and weekdays. The goal of the study is to better understand current conditions and then use its findings to guide the final design of the overall development, the parking facility and entrance and exit locations for the garage.
How tall will the development be?
The proposed buildings are consistent with other structures in the immediate vicinity and will not be tallest structure in the area. At a proposed maximum height of approximately 105 feet, Addison Park on Clark will be slightly taller than the AT&T substation on Sheffield Avenue and shorter than the lights on Wrigley Field. Significantly taller buildings are already in place on north Clark Street and throughout east Lakeview.
Will the project incorporate environmentally sensitive design features?
Yes. The development plans to utilize numerous environmentally-conscious products and practices in order to be eligible for Leadership in Energy and Environmental Design certification (LEED). The U.S. Green Building Council manages the LEED program and the Green Building Rating System™ which “encourages and accelerates global adoption of sustainable green building and development practices through the creation and implementation of universally understood and accepted tools and performance criteria.” Addison Park on Clark will be an example of how to build green in an urban environment.
What kind of retail shops will be included on the site?
Tenants for the project are still being researched and will depend on the final, approved design of the buildings. Various outlets, such as a grocery store, health club and a pharmacy, among other retail vendors, have been considered.
What will happen to the current businesses located on the site?
The existing businesses will have the option to return after construction. The current owners of the development site will maintain their ownership of the property. Many of the current businesses have maintained a long relationship with the ownership team over many years.
Why has a hotel been included in the proposal?
There are very few modern hotel options available on Chicago’s Northside. Currently, area residents usually have to direct their guests downtown in order to find hotel accommodations. A local hotel will allow guests to stay in the community, will boost our local economy and provide a needed amenity for area residents.
Are the Chicago Cubs partners in the project development?
No. We anticipate the Cubs to be involved in the public process along with other neighbors.
How long will construction take?
The launch and length of the project will depend heavily upon the community’s involvement, the approval process, and the final building plans. Once ground is broken, construction may take anywhere between 18 and 24 months.
