Rendering Reveal: "The Balaban" at Lawrence & Magnolia

JAB Real Estate's upcoming 5 story transit-oriented development at Lawrence & Magnolia (SPACE Architect + Planners)

We told you back in March about JAB Real Estate's plans for the parking lot they purchased at Lawrence and Magnolia which included building a five-story transit-oriented development with ground-floor retail. As with any new development, parking was a concern from neighbors, and we can report that the plans were updated to include 27 parking spaces for the 54 residential units. 

The developer is building what is allowed under the current zoning, which bypasses any community input in the building process. Because of that, Ald. Matt Martin's 47th Ward office was not notified of plans for the site as the developer was not required to do so.

Thanks to "spyguy" on the SkyscraperPage Forum, we now know what "SPACE Architect + Planners" has in store for the lot that has been vacant longer than most Uptowners can remember.

The Instagram account for the architecture firm mentions that the building will give a nod to the famed operators of the Uptown Theatre, Balaban & Katz, and will be known as simply "The Balaban."