Proposed residential building to replace an ugly Walgreens at Clark/Diversey/Broadway.

Posted by ChicagoismynewBlog! on June 4, 2009

Here are recent plans for a proposed residential building, located at 544 W. Diversey Parkway, at Chicago’s Lakeview/Lincoln Park border.  The current site houses one of a million Walgreens stores so even if Walgreens decides to re-occupy the first floor space, this building will be an amazing change for this busy intersection.  Plus, the possibility of a nice green roof is pretty exciting too.  I don’t have any further information about this proposed building so if anyone knows of ANY information, it would be much appreciated.  Hopefully this gets built soon because I believe the Clark/Broadway/Diversey intersection deserves more buildings like this one.


Proposed building will replace the Walgreens at the lower right side.




6 Responses to “Proposed residential building to replace an ugly Walgreens at Clark/Diversey/Broadway.”

  1. RC said

    I attended several discussions of this redevelopment project at various Southeast Lakeview Neighbors (SELVN) meetings [see for more info]. I believe the last information we received was that this project was in the last stages of being approved by the city building/zoning departments. Walgreens will be occupying the ground floor, with 11 floors of rental units above. Since Walgreens will be the tenant on the first floor, in roughly the same footprint as the current space, the developers do not anticipate it being difficult to line up financing. Construction is anticipated to take 18 months from groundbreaking to completion. In addition to this project, the development also includes several (maybe 100+) additional parking spaces in a parking structure just behind Rienzi plaza right next door. The biggest discussion topic at SELVN meetings revolved around the impact to traffic, since everyone in the area knows that the clark/broadway/diversey intersection is one of the worst in the city. The proposed development will undoubtedly make traffic worse, affecting everyone who rides the #22, #36, and #76 routes. The only question is how much worse.

    All of these details are from my recollection from past meeting and discussions with the developers, so I apologize in advance if my memory recalled any facts incorrectly.

    • ChicagoismynewBlog said

      Thanks RC, that’s exactly what I was looking for. Since it’s all rental units, just like the developers, I don’t see financing as being too difficult to secure.

      Expanding the parking garage is a great idea. I used to live right behind that parking garage and a lot of the time, it was completely full.

      Everyone’s always worried about traffic, but I don’t really see how this will make it THAT much worse than it already is…

  2. Anonymous said

    This better not affect my beloved Chipotle.

    • ChicagoismynewBlog said

      Oh man am I hungry for Chipotle right about now. Steak fajita burrito. But no, it doesn’t look like it’ll affect anything but the Walgreens.

  3. Brianne said

    is this the one that we have visited on a few occasions by your old place??

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