Meeting for New Development Proposal at 4537 N. Clark

Meeting for New Development Proposal at 4537 N. Clark

This new proposal will be presented by developer Icon Capital Group and followed by a brief question and answer period with Dover Street Neighbors Association.

The proposed TOD (Transit Oriented Development) requires a zoning change from the current C1-2 to a B2-3.

This proposal is a 4-story (47’) mixed-used structure that will include ground floor retail, 24 rental units and 12 fully enclosed parking spaces.  The required affordable units (two) will be provided on-site.  Other features of the proposal include solid masonry on all four elevations: brick with limestone elements and decorative iron balcony rails; a considerable rear setback to accommodate the Dover Street Historic District Neighbors; with a landscaped buffer in the alley along that setback; in addition to downlighting for better security.

This is an important redevelopment parcel in Uptown.  Alderman Cappleman’s office will be there to hear your feedback and answer any questions you may have regarding this project and zoning.  Additionally, the principal of Icon Capital, Ayman Khalil, just purchased a single family home on Dover Street located at 4526 N. Dover.  He will be undertaking the previously approved restoration plans approved by the City Landmarks Division. This meeting will give you the opportunity to meet him as well.

This meeting is being hosted by the Dover Street Neighbors Association on Thursday, October 26th, at 7 PM at the home of Millie Shemluck, 4536 N. Dover Street.

For more information on this poposal, please see the developer’s plans.