Chicago’s next vertical retirement community is going to soar a little less high. Overture Edgewater Beach has been trimmed back after meetings with neighbors who worried about its impact on the neighborhood’s density and traffic.
Edgewater Buzz quotes a statment from 48th Ward Alderman Harry Osterman saying the residential block intended for 54440 North Sheridan Road has been reduced from 18 stories to 16; the number of homes reduced from 186 to 1174; and its height chopped from 200 feet to 179 feet.
Those are very close to the numbers approved by the city back in 2007 for a building, also being developed by Greystar, called Bluewater 5440 that was supposed to be built at this location, but was eaten by the Great Recession.
The current, revised, proposal designed by Pappageorge Haymes retains its 190 parking spaces, which you will jealously note are both indoor and heated.
If the revised plan isn’t revised enough for you, the time to sound off is 6:30pm next Thursday, January 19th at Saint Andrew Greek Orthodox Church at 5649 North Sheridan Road.
Location: 5440 North Sheridan Road, Edgewater Beach