A proposed new residential building just north of the Broadway/Devon/Sheridan intersection in Rogers Park could mean new housing opportunities for some students, and a Target store on the doorsteps of others.
The project’s name is The Concord at Sheridan and is at 6418 North Sheridan Road, immediately north of the Caroline Hedger Apartments, a 22-story Chicago Housing Authority senior’s block. Right now the land is vacant except for a small surface parking lot, and a rec center for the Hedger residents. A replacement rec center would be built between the two buildings.
The new idea for the space is for a seven-story GREC-designed residential building running north-south along Sheridan Road with 111 apartments above a small Target store on the ground floor. The land is actually owned by the C.H.A., but Three Corners Development has a 99-year lease on the property. The apartments would be 60% “affordable” and 40% market-rate
In addition to the 23,000 square foot mini Target, there will also be 6,200 square feet of other retail space available, with 136 parking spaces in the basement.
49th Ward Alderman Joe Moore spilled the beans in an e-mail to his constituents. He wants anyone interested in the project to attend a community meeting at 7:00pm tonight (January 30) at the Crown Center for the Humanities on the Loyola’s Lake Shore campus.