Tuesday, February 28, 2023

Proposal To Convert 4655 N. Broadway To Residential Released

4655 N. Broadway proposal, viewed from Leland side (Yu & Associates Collaborative)

A proposal to convert a retail building to residential on the SE corner of Broadway and Leland has just been revealed on Ald. Cappleman's development page.

The current retail-only building at 4655 N. Broadway (home to Dalia Food Mart and the former 'Style House') has been on the market for a while now. Developer Wemi Properties LLC proposes adding a 3 story addition to the existing 2 story retail building.

In total, 24 units of housing would be created featuring a mix of two bedroom, one bedroom and studio units. The ground floor retail would be renovated and become 2 retail units. Similar to what we saw at Hack Haus to the south, the glass block windows on the second floor would also become actual windows. (Hooray!) 

Because a zoning change from B3-2 to B2-5 is being requested as part of the proposed renovations, the city's affordable requirement ordinance kicks in, requiring 5 units designated as affordable. The site currently provides no market-rate or affordable housing, so this is a net gain. 

Local block club Truman Square Neighbors as well as Uptown United will provide feedback to Ald. Cappleman. The project is under the $10 million dollar threshold, so it would not require consideration by the 46th Ward Zoning & Development Committee. 

Uptown United is planning to work with the current retail owners on relocation during construction.

The current view of 4655 N. Broadway (Google)

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