Developer Sterling Bay recently shared their revised proposal for a mixed-use development at 2033 N. Kingsbury. Originally announced in September 2022 as a 16-story building, the revised proposal is for a 25-story building reaching a maximum height of 275 feet. The project site is directly across the street from Lincoln Yards North. With a combination of low-rise retail buildings and parking lots surrounding the site, the tower will be a middle ground between the new high-density towers of Lincoln Yards and the low-rise neighbors along N. Clybourn Ave.
The project density will keep a 5.0 FAR and have approximately 360 rental units. The updated design looks to minimize its impact on the site and increase the height of the tower to keep the same density. At the base of the building, the podium will hold just over 200 parking spaces on the second and third floors, while the ground floor will have the residential entry midblock and retail space stretching down the frontage towards the open space at the south end. With an active, transparent frontage along N. Kingsbury St, the retail space activates the corridor and even wraps around to face south into the park space, with the retail space such as a cafe or restaurant to help activate the space.
The development is still in its early stages but is looking to rezone the site from M2-2 to B3-5 with an overall Planned Development designation. As part of the project, Sterling Bay is considering providing 15 percent affordable units on-site. The previously proposed design could still be constructed as they are getting feedback from the community on both concepts. The Chicago Department of Planning is encouraging the taller and thinner concept.
Read more on this story at Urbanize Chicago.