Transit-Oriented Mixed-Use Development
Designing a mixed-use development in Chicago.
Size: 350,000 square feet
Timeline: 2015 - present
Role: Multifamily Developer
Capitalizing on the demographic shift of millennials to urban centers and the increased reliance on public transit systems, Erik Steffensen partnered with a prominent local retail developer to design a mixed-use development in Chicago. The development features 120,000 sf of grocery-anchored streetscape retail, 225 studio, convertible, and one-bedroom apartments, and a 250-space parking structure. The project capitalized on favorable zoning requirements for developments near public transit train stops to reduce residential parking and accommodate retail parking needs while utilizing the vertical floor area ratio available onsite. The project also includes affordable housing and a community retail incubator space for new small businesses. The common amenities for the apartments place heavy emphasis on walkability, common working spaces, team rooms, and community-wide networked wifi for participants in the gig economy. The development has appealing convenience features for bicyclists and pet owners, including side ramps in stairwells for bikes, a built-in community repair area, in-unit bike hangers, a pet washing and grooming station, and a rooftop dog run. -This project was completed by resources prior to employment with Point B. –