We've been getting a fair number of inquiries from readers asking about what's going on with the apartment building at 4875 N Magnolia, right across from the Bezazian Library. Here's what little we know:
|The listing on the|
"Completed Transactions" page
of Essex Realty Group's website
a silhouette of a bulldog [??]
As we understand it, the building will be rehabbed and remain market rate rental apartments. Because the developer is a private entity, we don't think the building will remain boarded up indefinitely, a concern that several neighbors raised. The developer makes no money from an empty building, so we expect to see work begin very soon.
If anyone has any further details, please post them in the comments.