Ryan Companies, LCS and Harrison Street announced today the closing of financing and start of construction for Clarendale Six Corners. Construction will begin within the next couple weeks. Click here for the full news release.
Ryan Companies received unanimous approval at the May 21st Plan Commission Hearing and City Council approval amending the planned development on June 17th. We continue to finalize the building design and expect to begin construction in October with completion in the fall of 2022.
Alderman Gardiner was joined by Ryan Companies, Clark Street and LCS to present a revised concept to the community. In addition to more independent living and affordable units, Ryan and LCS offered to establish a one-time $100,000 scholarship for Schurtz High School students, as well as a waiving the one-time community fee for veterans during the first year. Alderman Gardiner expressed his support for the project and is ready to move forward. Click here for the full presentation. Thank you again to everyone who joined us at the Copernicus Center. Ryan looks forward to being a part of this community for years to come.
Ryan Companies was joined by Alderman Gardiner, Clark Street and Life Care Services (Clarendale operating partner) to present concept updates, discuss the positive impacts this development will have on the community and address the concerns of the neighbors. Click here for the full presentation. Thank you to everyone who joined us at the Copernicus Center, provided their feedback and made this evening a success.
The public meeting for The Point at Six Corners will take place Tuesday, September 17 at 7pm at the Copernicus Center (5216 W. Lawrence). Ryan Companies is looking forward to sharing the modified concept with the community and gaining their feedback.
As Clark Street Real Estate finalizes plans with Aldi, Ryan continues to have conversations with several key community stakeholders regarding the mixed use retail and senior living components. They are also working with Six Corners Association’s Design Committee to gain input to public spaces, amenities, bike and pedestrian safety, public art and place-making. In addition, Ryan met with the Northwest Portage Walking Museum and the Chicago Public Art Group to consider opportunities for collaboration. Ryan and Clark Street have filed their Planned Development amendment application with the city and expect to be on the January 24th meeting of the Plan Commission.
Jan 23 Update: Ryan Companies and Clark Street will not be in front of the Plan Commission on January 24th and we have asked to continue our Plan Commission hearing to a later date. We are working diligently with Alderman Arena, the city departments, and the Six Corners Design Committee to take recommendations and evaluate those ideas for our future plan.
Based on community feedback and guidance from Alderman Arena, Ryan modified the unit mix to include more independent living units, less assisted living units, fewer overall units and an additional affordable housing unit. The total project size will decrease from 265 units to 248 units. The original proposal in June 2017 included 40 independent living units, then increased to 83 in 2018 and now stands at 102. The evolution of the unit mix has been in response to community concerns about economic impact, and we believe this final unit mix addresses those concerns.