Upgrades for the 4600 block of Broadway? Yes, please! Truman Square Neighbors ran this item on their Facebook page:
"A couple members of the TSN Board met with Abby from the alderman's office and a developer, Mike Krueger [of Lakepointe Properties], who owns [the] 4635-41 Broadway building. The rendering is what he envisions after rehabbing it. He would keep the exterior as is, but wants to add another story to the top of it. Right now it is 16 apartments of varying sizes, and he would like to make it 15 2br/1ba units and upgrade the interior, including 4000sf of retail at ground level, which he would like to have his business office as part of.
It needs a zoning change, but because it is under $10MM, it does not have to go before the 46th Ward Zoning & Development Committee. Mike Krueger is the same developer who rehabbed the building across the street where Spoil Me Salon is, and we have heard good things from neighbors about the apartments there. It would be all market rate, and he hopes to get some special retail tenants.
He has a proven track record and answered our questions to our satisfaction. He would not put in another level in the future. He would like to take this to the city in November, so if you have any questions, please post them here and we will try to get answers for them."
UU Note: This building has a rather [cough] storied history over the past few years, which is one of the reasons a rehab would be much welcomed.
- In February of 2010, the CPD busted a Vice Lords party taking place there, and came away with guns, drugs and arrests.
- In May of 2010, then-owner Muhammad T. Siddiqi was brought into Housing Court and the building was declared a Drug & Gang House by the City of Chicago.
- In December of 2011, an escaped convict from South Bend, Indiana decided to hole up with friends there while on the run. Unfortunately for him, the authorities anticipated his decision, which led to a barricade situation that shut down the Red Line and led to a very tense night in Uptown.
- In May of 2012, the alderman's office sent out a notice that the building had been foreclosed on and was being marketed for sale by the bank who owned it. The tenant who hosted the convict involved in the barricade situation was evicted.
- On a much nicer note, this summer the Wake Up! Waltz dancers performed on the rooftop of this building and also at the one across the street, both owned by Lakepointe Properties.