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Wednesday, March 27, 2019

New Construction of $5 Million Daycare Coming to Cullerton and Indiana


A sleuthing Sloopsters gets to the bottom of this:
I have been curious about the new construction going on at the southeast corner of Cullerton and Indiana. (Photo attached.)

Did some Sloopin' snoopin' and found a building permit (100755898) for $5M for: "NEW CONSTRUCTION OF 3-STORY DAYCARE AS PER PLANS. SPACES WITHIN THE FACILITY WILL INCLUDE CLASSROOMS, OFFICES, STORAGE, A 3RD FLOOR OUTDOOR PLAY AREA."

Looks like the owners are an LLC in Lincoln Park called AVA CAPITAL.

$5M of new construction for a standalone daycare building is an interesting choice for this corner. I would have hoped for residential with maybe retail/restaurant on the ground floor, but they must have done market research to show it could be supported at this end of the Sloop.

We shall see.
Good stuff and interesting to see what transpires.

(Hat tip:  TG!)

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